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Inflation Economics: the Heath-Barber Boom 1972-74

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Inflation Economics: the Heath-Barber Boom 1972-74. / Steele, Gerald.

In: Economic Affairs, Vol. 30, No. 3, 10.2010, p. 79-81.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Steele G. Inflation Economics: the Heath-Barber Boom 1972-74. Economic Affairs. 2010 Oct;30(3):79-81. doi: 10.1111/j.1468-0270.2010.02028.x

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Steele, Gerald. / Inflation Economics: the Heath-Barber Boom 1972-74. In: Economic Affairs. 2010 ; Vol. 30, No. 3. pp. 79-81.

Bibtex

@article{5ab82e5571904904b11df891cc740d9a,
title = "Inflation Economics: the Heath-Barber Boom 1972-74",
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).",
keywords = "Corporatism , inflation , Keynesianism , monetarism",
author = "Gerald Steele",
year = "2010",
month = oct,
doi = "10.1111/j.1468-0270.2010.02028.x",
language = "English",
volume = "30",
pages = "79--81",
journal = "Economic Affairs",
issn = "0265-0665",
publisher = "Wiley-Blackwell",
number = "3",

}

RIS

TY - JOUR

T1 - Inflation Economics: the Heath-Barber Boom 1972-74

AU - Steele, Gerald

PY - 2010/10

Y1 - 2010/10

N2 - 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).

AB - 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).

KW - Corporatism

KW - inflation

KW - Keynesianism

KW - monetarism

U2 - 10.1111/j.1468-0270.2010.02028.x

DO - 10.1111/j.1468-0270.2010.02028.x

M3 - Journal article

VL - 30

SP - 79

EP - 81

JO - Economic Affairs

JF - Economic Affairs

SN - 0265-0665

IS - 3

ER -