Monthly Archives: March 2017

Natural Rate Vignette

16 December 2013 Link to .pdf PEOPLE: Milton Friedman, Edmund Phelps RELATED: Phillips Curve, Taylor Rule, Inflation as a Monetary Phenomenon DATES: Milton Friedman and Edumnd Phelps published this in various papers in 1967 and 1968. CHICAGO: Milton Friedman is … Continue reading

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Permanent Income Vignette

16 December 2013 Link to .pdf PEOPLE: Milton Friedman RELATED: Consumption Smoothing, Lifecycle Consumption, Consumption Function DATES: Milton Friedman published A Theory of the Consumption Function in 1957. CHICAGO: Milton Friedman is one of the best-known economists to have taught at University … Continue reading

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Human Capital Vignette

Link to .pdf version PEOPLE: Gary Becker, T.W. Schultz, Jacob Mincer, and many others RELATED: Economics of the Family; Household Production DATES: Gary Becker published Human Capital in 1964 CHICAGO: Gary Becker earned his PhD from Chicago in 1955. After teaching at … Continue reading

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