Steele, Gerald (2010) Inflation Economics: the Heath-Barber Boom 1972-74. Economic Affairs, 30 (3). pp. 79-81. ISSN 0265-0665Full text not available from this repository.
The UK macroeconomic boom of the early 1970s is an experiment that refutes the notion of cost–push inflation. However, such nonsense endures as the consequence of two factors. The first is the convenient ruse by which the state ducks its responsibility for monetary inflation and points the finger in other directions. The second is a potential to confuse the source of an individual price increase (rising scarcity) and the source of general price increases (excessive money).
|Journal or Publication Title:||Economic Affairs|
|Uncontrolled Keywords:||Corporatism ; inflation ; Keynesianism ; monetarism|
|Subjects:||H Social Sciences > HB Economic Theory|
|Departments:||Lancaster University Management School > Economics|
|Deposited On:||13 Jun 2012 11:06|
|Last Modified:||07 Jan 2015 17:29|
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