Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] If the government boosts spending to bring unemployment below its natural rate, then the increased demand for labour will push wages up. But to restore firms' profits, prices will also rise, and real wages will fall back to their original level. [...]

my original notes are "unless you also change policy to discourage profit-seeking ... this has real implications for the minimum wage debate" which, tbh, feels surprisingly woke for the me of 2016

—p.303 Healing and Hubris: The World Economy Today (290) by Mervyn King 6¬†years, 3¬†months ago