tag:blogger.com,1999:blog-7169279.post111143289315125132..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: InflationDr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7169279.post-1112214280995218592005-03-30T13:24:00.000-07:002005-03-30T13:24:00.000-07:00No offense Nick, but here is something that everyo...No offense Nick, but here is something that everyone should carry away from an undergraduate education - if you think you can sense the start of a recession you are fooling yourself. They are not at all predictable, and very subtle when they start. Most professional macroeconomists miss them when they start.<BR/><BR/>There is also a factual mistake here - the unemployment rate is neither high norDr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-1111452544511715552005-03-21T17:49:00.000-07:002005-03-21T17:49:00.000-07:00Inflation is not the problem. Our food supply is ...Inflation is not the problem. Our food supply is the safest and cheapest in the world, consumer electronics have never been more affordable, clothing is more affordable now than it ever has been, and housing costs have just barely started to rise because of interest rates. The problem is oil barons. There are a select few in the world that control the world's oil supply and those select few Spencerhttps://www.blogger.com/profile/04407390563946636144noreply@blogger.com