The stationary phillips curve was indeed discredited. But the relationship is still valid. It would be economic disaster to have 100% employment. Even a simple logic check assures that.
I might be at Frolicon, but the odds are no with a baby on the way.
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timeasmymeasure
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Date: 2007-03-01 05:21 pm (UTC)I might be at Frolicon, but the odds are no with a baby on the way.