1.2. Some problems that economists try to solve are easy as economic problems but hard as political...
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1.2. Some problems that economists try to solve are easy as economic problems but hard as political problems. Medical doctors face similar kinds of situations: Preventing most deaths from obesity or lung cancer is easy as a medical problem (eat less, exercise more, don't smoke)
but hard as a self-control problem. With this in mind, how is ending hyperinflation like losing 100 pounds?
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