Readings for Monday Oct. 19
1. "World Happiness Report, 2018", Read p. 17, the predictors of happiness; pp. 20-21, Finland is the happiest country, and where does your country rank; pp. 25-27, U.S. and Spain's happiness declined, but Venezuela the most; pp. 114-115, why are Latin Americans so darn happy?
2. From "The Economics Book".
p. 196 Government should do nothing but control the money supply. Location 3727
p. 202 The more people work, the higher their bills. Inflation. Location 3834
3. Mandel, Chapter 12, Monetary policy, on ADI.
You might like . . .
The Indicator podcast "The Fed's sweet spot for interest rates" (transcript here) is a really good explainer on monetary policy, how the central bank's policy on interest rates can stimulate the economy (which can cause inflation), or slow down the economy (when inflation is too strong.)
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