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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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Some Neglected Microeconomics of Inflation Control the administration of TIPs is therefore hoped to be less threatening to civil liberties. At the same time, TIPs are intended to be less recessionary — less stagflationary, if you please — than the conventional delayed-action medicine of monetary disinflation, that is, decelerated monetary growth.
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https://doi.org/10.1007/978-3-658-17566-5stent with our political framework to inhibit wage-price spirals. An assumption underlying this approach is that substantial pecuniary externalities arise from corporate and union wage and price decisions that cannot be captured by laissez-faire decision making.
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Der Versandauftrag an den Spediteur,nd-the-egg conundrum, go unanswered. For those interested in policy questions rather than conundrums, it is useful to finesse the question of what ultimately causes inflation by concentrating, instead, on that aspect of the circular causation for which something can be done, an approach I have elsewhere called the realitic approach to economics..
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Das Verfahren der sequentiellen Feinanalyse,sted, 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 latter, it is at least conceivable to make important headway in restraining national inflation through incomes policy.
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Introductionstent with our political framework to inhibit wage-price spirals. An assumption underlying this approach is that substantial pecuniary externalities arise from corporate and union wage and price decisions that cannot be captured by laissez-faire decision making.
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Overview: 978-94-009-8765-4978-94-009-8763-0
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https://doi.org/10.1007/978-94-009-8763-0Inflation; Keynes; economic growth; economic policy; economic theory; fiscal policy; growth; macroeconomics
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