Re:World food prices hit 10-year peak – FAO
by 314 on Monday October 11, 2021 @01:32AM
(#28825036)
Does Econ101 dig into the differences between demand-side and supply-side inflation? Or what happens when you try to hide the deflationary effects of debt destruction through money printing?
I ask because I'm unfamiliar with the basic curriculum in economics, although in the sciences some of the early concepts that we are taught include:
* Correlation is not causation
* Confirmation bias should be overcome by posing relevant testable questions rather than relying on anecdotes.
I ask because I'm unfamiliar with the basic curriculum in economics, although in the sciences some of the early concepts that we are taught include:
* Correlation is not causation
* Confirmation bias should be overcome by posing relevant testable questions rather than relying on anecdotes.