Friday, April 12, 2013

Study: Fighting Inflation Rather Than Unemployment Massively Increases Human Misery

Study: Fighting Inflation Rather Than Unemployment Massively Increases Human Misery: The Washington Post flagged a new study today from a Dartmouth professor and co-authors, which found that high unemployment causes much more misery for the average person than high inflation. That’s significant, in a really discouraging way, because American policy over the last few decades — and especially since the Great Recession — has focused [...]/p