Life evolves on planets. And planets with life evolve
The term, though widely used, is hard to define
An individual’s life story is a dance to the music of time
Like any well-run operation, a body is made of specialised parts
All life is made of cells, and cells depend on membranes
Life can make extraordinary variety by following quite simple strategies
Hence only muted concern about borrowing to respond to covid-19
As a result, the ideas of the earliest economists are being revised and improved
Policymakers around the world yearn to be free of the greenback’s grip
The Phillips curve, the logic of which guides central banks today, has become oddly flat
Three decades of research have led to a rethink
The first of a series on areas where economists are rethinking the basics