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Signs of Eurozone Recession is More Apparent

The latest Purchasing Manager Index (PMI) for the two largest economies, Germany and France, is showing a clear sign of looming recession.

Global Economy

Interviews

Economics Rules – Why Economists do it with Models | Q&A with Dani Rodrik

Rodrik explained why good economists think in terms of models, and what are major differences between models and theory. He also told us why macroeconomists' quest to find "the one true model" on the business cycle is probably misguided.