Which Joe gave his name to ‘sloppy joes’? We look at five interesting sandwiches and their lexical origins.
The hypothesis that an economic agent will make full use of all available information when forming expectations, especially with regard to inflation, and not just past values of a particular variable.Compare with adaptive expectations hypothesis
- ‘In the context of the bond market, empirical tests of the rational expectations hypothesis (REH) have without exception been tests of the time-series properties of interest rates.’
- ‘Pity about the rational expectations hypothesis, eh.’
- ‘Rational expectations theory has emerged as an important aspect of new classical economics.’
Are you looking for a word for a foolish person? We explore twelve interesting words to describe the dunderheads in your life.
Before you run for the hills, let’s run through a list of ‘run’ expressions that are running through our minds.
The definitions of ‘buddy’ and ‘bro’ in the OED have recently been revised. We explore their history and increase in popularity.