Showing results for "The 1970s" in Economics

In 'Stagflation Conversations with Fexingo,' Lucas and Luna examine the return of an economic condition many thought buried with the 1970s: high inflation paired with stagnant growth. Each episode grounds the conversation in current data from major economies—CPI prints, GDP revisions, unemployment figures, and central bank statements—then draws historical parallels to the oil shocks, wage-price spirals, and policy missteps of the post-Bretton Woods era. Lucas, with a fountain pen in hand, traces the arc of a Minsky moment or a Volcker-style rate hike; Luna cross-references today's supply ...

In the early 1970s, with the raging Vietnam War, oppression of civil and human rights, and the environment under relentless destruction, young people of America wanted major change—and they got to work. This is the true story of a group of independent, free-spirited youth who rebelled against the system and built a new way to live, creating community and celebrating life while supporting themselves in unique and unconventional ways.

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard—breaking the link between gold and the...