Bedrock in the money wage - money supply inflation controversy

Authors

  • S. WEINTRAUB

DOI:

https://doi.org/10.13133/2037-3643/11056

Keywords:

Inflation, Monetarist, post-Keynesian, employment policy, stable prices

Abstract

The article reviews the different views on the causes of inflation between the two leading macroeconomic paradigms - the Monetarist and the post Keynesian. By analysing the explicit and implicit assumptions underlying the two approaches, the author concludes that a full employment policy compatible with stable prices requires the synchronisation of both monetary and income policy.


JEL: E31, E12, E13

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Published

2013-11-21

How to Cite

WEINTRAUB, S. (2013). Bedrock in the money wage - money supply inflation controversy. PSL Quarterly Review, 34(139). https://doi.org/10.13133/2037-3643/11056

Issue

Vol. 34 No. 139 (1981)

Section

Editorial

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