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US initial jobless claims falls to 233,000, lower than expected

The number of people filed their initial claim for unemployment insurance benefits in the US fell to 233,000 in the week ending August 3.

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What is Neo-Fisherian and FTPL? | Q&A with John Cochrane |

Cochrane discusses with us his view on the development in Macroeconomics since the Great Depression. He also explains what Neo-Fisherian and Fiscal Theory of Price Level are, and why they are important for understanding the current economic situation around the world.