Most economists subscribe to a belief in “positive economics,” which means that economic theory flows from economic data.
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While a spike in productivity—essentially the measure of how much output a worker creates per hour—is generally viewed as the ...
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Zions Bank senior economist Robert Spendlove said the Federal Reserve losing independence could undermine the entire economy.
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The Fed has been tasked with a dual mandate by Congress to achieve low inflation and high employment. Learn more about the ...