…of unemployment” (or NAIRU) in assisting developing countries to target the proper level of government spending needed to achieve low unemployment with minimal risk of demand-pull inflation. For the industrialized…

…where it was worth people’s while—Americans Just Don’t Work Enough,   Same graphic, excluding last month and with the monthly employment data averaged to match the Quarterly NAIRU. Figure 1…

…happens after inflation accelerates. If the Fed keeps unemployment at the NAIRU then unemployment does not have to increase to fight inflation. I think his point is that, when the…

Via (what else?) Alea’s Twitter feed, John Taylor defends himself against Ben Bernanke: “The evidence is overwhelming that those low interest rates were not only unusually low but they logically…

Rdan After having received e-mails regarding Mark Thoma’s post on types of unemployment about who was included and excluded from the per centages, I thought a note on the relevance…

…them.) 2.Obama’s proposed chained-CPI cut would typically reduce benefits for 3 percent, and by as much as 6 percent for some recipients. 3.The White House’s decision to label this cut…

…also added the final two sentences. The post is a followup to a post from earlier Friday. I’ve also created an additional label: mainstream-journalism gimmickry. I’ve left the original rather…

…and since then, models have proliferated, transforming the name “Smith and Wesson .38” into a generic label for a particular style of gun, even clones that aren’t made by Smith…

…benefits in exchange for the pittance of slightly higher taxes on the upper crust. The article goes even further astray at the end with its label of a “two-part deal”…

…the right to set the tone of the dialogue by letting them label the current situation. We aren’t facing a “fiscal cliff”, he notes, but rather an “austerity bomb”. [The…