Economic Policy and the Great Stagflation

Author: Blinder   Alan S.  

Publisher: Elsevier Science‎

Publication year: 2013

E-ISBN: 9781483264561

P-ISBN(Paperback): 9780121061609

Subject: F0 Economics

Keyword: 社会科学理论与方法论

Language: ENG

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Description

Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science.
This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s.
The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated.
This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

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