"Overall, the historical evidence suggests that episodes characterized by about a year of accelerating prices and wages have not generally lasted, nominal wage growth and price inflation tending to stabilize on average" @IMFNews on history of actually existing wage-price spirals https://t.co/w2r50v1lSd
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,…