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The Great Myth of the Inflation Cure

Charles Kirtley Wrote: Aug 28, 2012 8:25 AM
When the housing market reaches its bottom, Mulligan will get his inflation wish. Anyone who has gone to a grocery store, gas station, or clothing shop knows prices of almost everything has gone up by 10%++++ So far I've seen no benefits from this inflation.

Parents probably dream of sending their kid to the University of Chicago. Next to the Ivy League or Stanford, the Chicago school is near the top of the heap. Only 27 percent of applicants are admitted. To be among the roughly 15,000 means prestige and an education to build a lifetime on. The cost for tuition and fees: $39,381. Room and board is another $12,000 or so. Add books and other stuff, and the total Chicago-school experience costs $54,290 a year.

Students learn from the likes of University of Chicago economics professor Casey B. Mulligan, who believes what the economy...

Related Tags: Inflation