Imagine you're at a fair, and you see a booth with a giant dartboard. The booth owner challenges you to hit the bullseye. You take your shot, and the dart lands somewhere on the board. Now imagine ...
Using high school algebra and geometry, and knowing just one rational point on a circle or elliptic curve, we can locate infinitely many others. You’re sitting at the end of a long conference table, ...
I am so glad you asked this great question! Indeed, many of us study economic theory in classrooms, and the Phillips curve is typically covered in a macroeconomics class. However, it is natural to ...