Friday, November 17, 2006
Library of Economics and Liberty: The Concise Encyclopedia of Economics
Library of Economics and Liberty: The Concise Encyclopedia of Economics is a good site for tons of information on Economics. For example, I just read the article on the "Philips Curve" that explains the relationship between unemployment rate, monetary supply and inflation. No wonder during the late 90's when the unemployment rate got too low, everyone got nervous that inflation rate will just start to rise sharply.