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Tha Politics of Inflation
Author(s) -
Mccrostie Michael
Publication year - 1985
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1985.tb01729.x
Subject(s) - buckingham , inflation (cosmology) , government (linguistics) , economics , politics , macro , inflation rate , keynesian economics , private sector , public administration , economic history , macroeconomics , public economics , political economy , political science , sociology , law , economic growth , media studies , monetary policy , philosophy , theoretical physics , linguistics , physics , computer science , programming language
In the first of a new series analysing the micro factors which lie behind macro‐economics statistics, Michael McCrostie(right), of the University of Buckingham, demonstrates how inflation in the private sector runs well below the government‐sector rate. Government, he argues, is the guilty party.