Titlebook: An Incomes Policy for the United States; New Approaches Michael P. Claudon (Associate Professor of Economi Book 1981 Martinus Nijhoff Publi

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,Eine Kiste geht auf gro?e Fahrt,panied by economic stagnation, which implies too little spending) is a paradox. But this only tells us that the orthodox theory won’t do. Stagflation is the outcome of a vicious circle of self-fulfilling expectations. We have an inflationary race in which business has to raise prices to keep up with

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https://doi.org/10.1007/978-3-663-13516-6riod in which inflation was outranked by other priorities (Vietnam, Watergate, unemployment) or in which efforts to combat inflation were short lived (as in the Nixon wage-price controls) or a joke (Ford’s Whip Inflation Now).

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Das Verfahren der sequentiellen Feinanalyse,nd evidence: Are prices determined primarily by current changes in demand and supply in individual markets, as economists have from time to time suggested, or are they based primarily on wage costs? If the former, an incomes policy in an open economy is an extremely doubtful proposition. If the latt

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Die Praxis kollektiven Handelnst of a temporary lapse in macropolicy or of OPEC’s misbehavior, but that it is the payoff of following employment-oriented policies rather than price level-oriented policies. Once the public realizes that the government will try to keep recessions short, it responds to falling demand, not by reducin

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Torsten Fellage? What are the effects of high-speed money flows on markets, volatility, money control, even the business cycle? Is the financial system more prone to instability but also to faster correction, given the swift movement of money and payments? At the same time, is privacy imperilled by the ubiquitous compute978-94-010-5730-1978-94-011-3886-4

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