Inflation Control Failures
"Inflation Control Failures" examines the United States'' struggle to manage soaring inflation during the 1970s, focusing on the use and ultimate failure of wage-price controls. The book argues that these controls, intended to curb inflation, neglected the core monetary and fiscal drivers, leading to market distortions and inefficiencies. It highlights how political considerations often overshadow...
"Inflation Control Failures" examines the United States'' struggle to manage soaring inflation during the 1970s, focusing on the use and ultimate failure of wage-price controls. The book argues that these controls, intended to curb inflation, neglected the core monetary and fiscal drivers, leading to market distortions and inefficiencies. It highlights how political considerations often overshadow...
