Inflation once again

I don't know much about macroeconomics but I was brought up to believe that inflation is a bad thing. However given the rapid deflation that the Irish economy is experiencing a little inflation might be something to be celebrated at this stage. This news broadcast from an unnamed Mediterranean country shows us how:

Freakonomics meets The Onion

http://www.theonion.com/articles/freakonomist-keeps-close-eye-on-ge-stock-versus-he,17202/

The economics tribe

This mock ethnography of Economists by Leijonhufvud is funny if a little dated.

http://unicast.org/enclosures/life-econ-crop.pdf