With these few lines sketched on a graph the dark magic can begin. Stronger employment data and better economic growth? Maybe the economy doesn’t need so many interest rate cuts: yields up!

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In the textbooks, each of those relationships is drawn as a curve in a graph. First is the IS ... the Reserve Bank can increase economic output and employment by lowering the interest rate.

The 2024 economics Nobel prize is an important one as it highlights what really matters at the end of the day for the long-term economic success of any country. U.S. economists Daron Acemoğlu ...

By The Learning Network A new collection of graphs, maps and charts organized by topic and type from our “What’s Going On in This Graph?” feature. By The Learning Network Want to learn ...

Daron Acemoglu, Simon Johnson and James Robinson shared the award for their work on explaining the gaps in prosperity between nations. transcript Daron Acemoglu, Simon Johnson and James Robinson ...

Photo: Imago/Zuma Press This field has a long and noble history in economics. The Nobelists’ contribution is to lay out empirical data on the specific economic institutions that helped or ...

The Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel has this year been awarded to Daron Acemoglu, Simon Johnson and James A. Robinson. The three US-based economists "have ...

Why are some countries rich and others poor? The question, full of childlike curiosity, is the most important in economics. A person’s living standards are mostly determined not by talent or ...

One of the best-known gauges is the Economic Policy Uncertainty Index, which tallies how many news stories in major publications cite uncertainty, the economy, and policy. Others track the difference ...

Her expertise is in personal finance and investing, and real estate. Positive economics describes and explains economic phenomena in objective and measurable terms, while normative economics ...