Goldstein On Gelt

Macroeconomic data such as inflation, interest rates, and employment figures often appear in news reports. But what does this information mean, and how does it affect the ordinary person? Professor Christopher Sims, winner of the 2011 Nobel Prize in Economics, explains what macroeconomic data teaches us about the state of the economy. Follow Professor Sims at: http://www.princeton.edu/~sims/