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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label boom bust cycle. Show all posts
Showing posts with label boom bust cycle. Show all posts
Monday, February 12, 2024

Deciphering Conflicting Data: Record Philippine December Employment Rate, January 2024 CPI Plunge, and Q4 GDP’s Slowing Consumer Spending

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  Economists provide forecasts not because they know, but because they are asked to by clients or employers. The payoff structure is unusual...
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