Steele, Gerald (2010) Inflation Economics: the Heath-Barber Boom 1972-74. Economic Affairs, 30 (3). pp. 79-81. ISSN 0265-0665
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Official URL: https://doi.org/10.1111/j.1468-0270.2010.02028.x
Abstract
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).
Item Type:
Journal Article
Journal or Publication Title:
Economic Affairs
Uncontrolled Keywords:
/dk/atira/pure/researchoutput/libraryofcongress/hb
Subjects:
?? CORPORATISM INFLATION KEYNESIANISM MONETARISMECONOMICSDEVELOPMENTAEROSPACE ENGINEERINGGEOGRAPHY, PLANNING AND DEVELOPMENTHB ECONOMIC THEORY ??
Departments:
ID Code:
55022
Deposited By:
Deposited On:
13 Jun 2012 10:06
Refereed?:
Yes
Published?:
Published
Last Modified:
15 Sep 2023 00:01