Inflation: Its Mechanics and Welfare Costs

macroeconomics, inflation

Unemployment and Output in 1974

macroeconomics, unemployment, production output, 1974

A Postmortem of the 1974 Recession

macroeconomics, 1974, recession

Is G a conversion factor or a fundamental unit?

By using fundamental units c, h, G as conversion factors one can easily transform the dimensions of all observables. In particular one can make them all ``geometrical'', or dimensionless. However this has no impact on the fact that there are three fundamental units, G being one of them. Only experiment can tell us whether G is basically fundamental.Comment: 2 page

Notes and Numbers on the Profits Squeeze

macroeconomics, profit squeeze

Do Present LEP Data Provide Evidence for Electroweak Corrections?

The Born approximation, based on $\bar\alpha \equiv\alpha (m_Z)$ instead of $\alpha$, reproduces all electroweak precision measurements within their $(1\sigma)$ accuracy. The low upper limits for the genuinely electroweak corrections constitute one of the major achievements of LEP. The astonishing smallness of these corrections results from the cancellation of a large positive contribution from the heavy top quark and large negative contributions from all other virtual particles. It is precisely the non-observation of electroweak radiative corrections that places stringent upper and lower limits on the top mass.Comment: 12 pages, preprint CERN-TH.6943/9