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Michael J. Hoffman

Michael Hoffman is the author of the upcoming book Monetary Kaleidics.

All Works

Labor and Labor Costs: Using Theory to Understand the Data

Labor and Wages


Labor is not homogeneous, so data analysis that speaks simply of "labor" and "labor costs" must be treated with extreme caution.

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Why $100 Bills Are Now the US Dollar's Most Common Banknote

Perhaps in the future, physical dollars and digital dollars will be recognized as two distinct mediums of exchange.

08/16/2019Power & Market
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