Sentences with phrase «central economic actors»

So this nudges us into a fundamentally different economic era, where the central economic actors are not knowledge workers but creators and empathizers.

Not exact matches

The divergence of core and total inflation is important because the central bank's best means of controlling prices is convincing economic actors — households, executives, investors — that it has a handle on things.

As described by conservative economist Friedrich von Hayek, it refers to «the observation that the data required for rational economic (decision - making) are distributed among many individual actors, and thus unavoidably exist outside the knowledge of a central authority.»