Article Abstract:
An increasing number of economists are are supporting the theory that inflation is becoming extinct because of new technology and globalization. This theory, however, has many flaws, one of which is that technology played a strong role in earlier eras with little of the same effect on inflation.
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Article Abstract:
Globalization and the role of technology are examined, with countries divided into those that are innovators, adopters of technologies, and the excluded. Aid policies are also examined.
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Article Abstract:
The costs of trade can help explain a number of economic phenomena, such as home bias in trade, two economists argue.
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