Must-Read: James Hamilton: Are we in a new inflation regime?: “I’m not saying the Phillips Curve has no basis in facts… http://econbrowser.com/archives/2017/07/are-we-in-a-new-inflation-regime …I agree that the Phillips Curve is the correct framework for thinking about these questions. But I also agree with President Evans that other factors seem to be more important than the unemployment … Continue reading Must-Read: James Hamilton: Are we in a new inflation regime?