Econ Focus
Fourth Quarter 2021
In this issue: the COVID-19 startup boom, inflation forecasting, alternatives to college, crime trends in the Fifth District, and more.
Cover Story
A Pandemic-Era Startup Boom
A surge of interest in starting new businesses could reverse a long-running drought
President's Message
Challenges of Forward Guidance
For the Fed, good communication is an important tool
Features
An Evolving Role for College
Will four-year degrees become less of a gateway for high-paying jobs? Should they?
Sections
Edward Glaeser
Harvard University economist on urbanization, the future of small towns, and "Yes In My Back Yard"
Genghis Khan, Trade Warrior
His Pax Mongolica connected Europe and China, leading to exchanges of technology and culture
Opinion
Research Spotlight
Book Review
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David A. Price
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