"economic outcomes; depend on expectations” & “system stability is a factor of different expectations concerning future price changes”
Original formulation of adaptive expectations spelled out by Bill Phillips for Milton Friedman.
nzedge.com/legends/bill-p…
nzedge.com/legends/bill-p… https://t.co/Xuvpsr660D
Russia’s emergence as the world’s leading wheat exporter since 2015 has been remarkable. reddit.com/r/russia/comme… https://t.co/sdjpbXi0bG
October 22, 2021
Russia’s emergence as the world’s leading wheat exporter since 2015 has been remarkable. reddit.com/r/russia/comme… https://t.co/sdjpbXi0bG