Paul Samuelson, AB'35, found his calling in economics at the University of Chicago during the height of the Great Depression and went on to transform the field with new techniques of rigorous analysis ...
You have no doubt heard the well-worn dictum of Karl Von Clausewitz, the great Prussian military strategist, that war is the extension of politics by other means. Well, the same is true of economic ...
"Stagflation" is back in the headlines—but the term is being misused, and that's an important story. We're told by eminent newspapers and commentators that stagflation is the messy mixture of both ...