Friday, February 19, 2016

Are low oil prices as helpful to the economy as we once thought?

<div> <img src="http://ift.tt/1mM0DfG" alt="Stiglitz" border="0" /><br /><p>Alan Murray, the editor of Fortune and a member of the Hutchins Center Advisory Council, posed a timely question to a panel of prominent economists recently:  "We used to think that a falling oil price was a great thing for consumers, and again, this may be a U.S.-focused view, but now we aren't so sure. Maybe globally it's a wash, but how much should we be worried about......(read more)
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