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A Market Based Anti‐Inflation Policy
Author(s) -
Dabscheck Braham
Publication year - 1976
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/j.1467-8462.1976.tb01019.x
Subject(s) - inflation (cosmology) , face (sociological concept) , economics , monetary economics , monetary policy , keynesian economics , macroeconomics , economic policy , market economy , sociology , social science , physics , theoretical physics
“Of all conceivable macroeconomic institutional innovations. a well‐workina incomes policy probably is the most urgently required. That it is not an easy one to make is demonstrated by the fact that, in the face of an almost worldwide demand for such a technique, neither economists nor administrators seem to have come up with a convincing proposal”. Wallich [41, p.89].