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Author: Deepak Lal
Publisher: Oxford University Press, USA
Published: 1986
Total Pages: 424
ISBN-13:
DOWNLOAD EBOOK →Describing as symptoms the stagflation, rising protectionism, and the third world dept crisis, this book provides the intellectual and empirical underpinnings for the view that the continuing crisis in the world economy is due to the microeconomic rigidities and public finance management problems of many economies.
Author: Michael D. Bordo
Publisher: University of Chicago Press
Published: 2013-06-28
Total Pages: 545
ISBN-13: 0226066959
DOWNLOAD EBOOK →Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Author: University of the South. Economics Department
Publisher: University of Pennsylvania Press Anniversary Collection
Published: 1983
Total Pages: 234
ISBN-13:
DOWNLOAD EBOOK →Mostly papers presented during the Third Annual Sewanee Economics Symposium, Oct. 1-3, 1981; sponsored by the Economics Dept. of the University of the South at Sewanee in cooperation with Sidney Weintraub, visiting appointee to the Kennedy Distinguished Professorship in Economics.
Author: United States. Congressional Budget Office
Publisher:
Published: 1975
Total Pages: 98
ISBN-13:
DOWNLOAD EBOOK →Author: Robert Skidelsky
Publisher: Yale University Press
Published: 2018-11-13
Total Pages: 496
ISBN-13: 030024424X
DOWNLOAD EBOOK →A critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.
Author: Michael Bruno
Publisher:
Published: 2013-10
Total Pages: 336
ISBN-13: 9780674493032
DOWNLOAD EBOOK →This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, slow growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen years. The authors first construct a small macroeconomic model that takes full account of aggregate demand and supply forces in the determination of output, employment, and the price level, in both a single-economy and a multi-economy setting. They then apply the model to provide an understanding of comparative performance of industrial countries in the areas of unemployment, inflation, productivity, and investment growth. They argue convincingly that the decay of the major economies during this period resulted from the supply shocks of the 1970s, such as the two major OPEC oil-price increases, and from the consequent policy-induced decrease in demand in response to inflationary pressures. Their analysis differs markedly from similar studies in that it takes specific account of institutional differences in the labor markets of the various economies. This helps to explain in particular the divergent adjustment profiles of the United States and Europe. Bruno and Sachs make several key recommendations for the mix of demand management and incomes policies necessary to combat stagflation in individual countries as well as for the coordination of macroeconomic policies among the major industrial nations.
Author: Alan S. Blinder
Publisher: Elsevier
Published: 2013-09-11
Total Pages: 244
ISBN-13: 1483264564
DOWNLOAD EBOOK →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.
Author: Derek Aldcroft
Publisher: Routledge
Published: 1993-05-27
Total Pages: 312
ISBN-13: 1134874138
DOWNLOAD EBOOK →This new edition of The European Economy 1914-1980 has been up-dated and revised to take account of the decade 1980-90 and, as such, covers some of the most dramatic and profound economic events of the twentieth century. The European Economy 1914-1990 includes two additional chapters, one dealing with the Western European economies, and in particul
Author: Andrés Solimano
Publisher: Cambridge University Press
Published: 2020-02-20
Total Pages: 241
ISBN-13: 1108485049
DOWNLOAD EBOOK →Examines the array of financial crises, slumps, depressions and recessions that happened around the globe during the twentieth century.
Author: Derek Howard Aldcroft
Publisher: Routledge
Published: 2013
Total Pages: 452
ISBN-13: 0415438896
DOWNLOAD EBOOK →The European Economy Since 1914 provides an invaluable guide to the major economic changes in both Western and Eastern Europe during the twentieth century.
