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How Ice Cream and Sticky Prices Connect to the Nobel Prize in Economics

NPR links ice cream and this year's Nobel Prize in economics to sticky prices, the pain of recessions and policymakers' options.

The Chestnut Post Staff ·

How Ice Cream and Sticky Prices Connect to the Nobel Prize in Economics

Ice cream provides a link to this year's Nobel Prize in economics in an NPR report examining how prices can become sticky.

That price stickiness helps explain why recessions cause so much pain. It also offers a way to understand what policymakers can do in response.

Originally reported by NPR. Read the full story at NPR

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