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Has the usefulness of the Phillips curve come to an end?

The Phillips curve’s assertion of a causal relation between economic growth, inflation and unemployment has been used as a navigation tool buy policy makers for decades. However, Ben Goree argues that less attention should be paid to a model which has become outdated since the rise of globalisation, despite the opportunities it offers for politicians with re-election bids.

Politics review #5

Your essential guide to local politics (and more). Inside this special edition: a child is born; a peasants’ revolt; a diplomatic row; a WORLD EXCLUSIVE on Christianity and politics; and five referendums (can you spot them all?). Also: a quiz question!