Past and present inflation are more similar than you think
With inflation currently high in the US and globally, economists are examining other periods in the history of its use for comparisons and learnings.
1975, BSc, Massachusetts Institute of Technology; 1982, PhD, Harvard. 1983, Tenured Faculty, Harvard University. During the past two decades, has served in a series of senior policy positions, including: Vice-President, Development Economics and Chief Economist, World Bank; Undersecretary of the Treasury for International Affairs. 1999-2001, Secretary of the Treasury of the United States; 2009-11, Director, National Economic Council, Obama Administration. Currently, President Emeritus and Charles W. Eliot University Professor, Harvard University. Recipient, awards and honours, including: first social scientist ever to receive the annual Alan T. Waterman Award, National Science Foundation (NSF) (1987); John Bates Clark Medal (1993), given every two years to the outstanding American economist under the age of 40.
With inflation currently high in the US and globally, economists are examining other periods in the history of its use for comparisons and learnings.
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