LECTURE AT DUKE UNIVERSITY
And that's because the 16 to 24 year olds, or the 55 plus year olds, have not really increased their participation since the previous recession in 2008, 2009. Another important change that took place, as I mentioned before, refers to inflation. And U.S. inflation rose sharply in the '60s and '70s, as shown here by two different measures of ... ................
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