Inflation expectations have been of great interest to economists because they predict how agents in an economy set … consumers, economists and the market measure and forecast inflation both in the short and in the long run. …

losses have disproportionately negative impact on local communities. Economists generally argue that free and unimpeded …

It is somewhat common for heterodox economists to come to the defense of neoclassical microeconomic theory. This is due … to many reasons, but perhaps the commonest one is ignorance. It seems that most heterodox economists are not aware of the …

current economic issues. This has implications for the acceptance of economic policy since these economists are apt to uphold … the interests of their employer. In contrast, academic economists suffer from a lack of recognition and reach in the media … generation of academic economists, in contrast to previous generations, is becoming reticent on matters of public policy. …