Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
Martin FeldsteinAbout author
- Author's profession: Economist
- Nationality: american
- Born: November 25, 1939
Related Authors
Topics
Quotes currently Trending
Going to the Olympics as a Maasai I want to make them proud because, after the warm welcome they gave me when I went back and being their leader, I want to also be the warrior in the Olympics. That will be something good because that will be the first Olympic gold medal for the Maasai.
David Rudisha



I mean to say, I know perfectly well that I've got, roughly speaking, half the amount of brain a normal bloke ought to possess. And when a girl comes along who has about twice the regular allowance, she too often makes a bee line for me with the love light in her eyes. I don't know how to account for it, but it is so."It may be Nature's provision for maintaining the balance of the species, sir.
P. G. Wodehouse