I promised to share my views on Mankiw's 10 Principles of Economics and have hit a bit of a roadblock with the last two. I don't really have much to say.
9: Prices Rise When the Government Prints Too Much Money
10: Society Faces a Short-Term Trade-off between Inflation and Unemployment
I suppose they are true. It makes sense that they are true. But in today's modern economy where the people in positions to do something about it does it really matter anymore?
I guess in the sense that you have to cover the basics before you get to the meaty stuff it may. Can anyone convince me that I am wrong?