Tag Archives: natural rate of unemployment

Making policy based on fairy tales.Lars P. Syll’s BlogBusting the NAIRU mythLars P. Syll | Professor, Malmo University

All this does not mean there is no natural unemployment rate, only that there is nothing natural about it. There never was. Project SyndicateNothing Natural About the Natural Rate of Unemployment Edmund S. Phelps | 2006 Nobel laureate in economics, and Director of the Center on Capitalism and Society at Columbia University