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
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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.
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