COVID Provides a natural experiment to demonstrate absurdity of conventional output gap estimation. @IMFNews estimate of Italy's potential output simply tracks the effect of lockdown! Crazy. twitter.com/RobinBrooksIIF…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…