During the past two decades, inflation has fallen to a low level in major industrial countries. Download Download Share on Facebook Share on Twitter Rotate quotes country decade fall
In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies. Toshihiko Fukui asiancontextcurrent Change image and share on social
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound. Toshihiko Fukui avertbankbind Change image and share on social
As the new endogenous growth theory suggests, TFP growth is closely related to accumulation of the intangible capitals, such as human capital and research and development. Toshihiko Fukui accumulationcapitalclosely Change image and share on social
After decades spent in rewrite rooms surrounded by other shouting writers, I discovered that I work best alone. I like being in charge of my time, working out the problems according to my own rhythms and being able to nap. That's a big one, the napping on demand! Maria Semple bigchargedecade share on social
Having a Congress with a more diverse educational and professional background would serve the country well. And given the budget challenges facing America today, we might benefit from a few more cold, calculating problem solvers, and fewer courtroom impresarios. John Sununu americabackgroundbenefit share on social
The thrill of a photo-realist painter is if you get really close to the painting, it looks just like a photograph. Whereas in my case, if you get close to my paintings, they totally fall apart - so I'm about as far from a photo-realist as it gets. Marilyn Minter caseclosefall share on social