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The Political Control of Inflation
Author(s) -
Laidler David
Publication year - 1987
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.1468-0270.1987.tb01837.x
Subject(s) - politics , inflation (cosmology) , alliance , public opinion , economics , capitalism , public choice , control (management) , task (project management) , political economy , political science , public administration , law , management , theoretical physics , physics
Monetary policy has not failed, argues Professor David Laidler, British economist now at the University of Western Ontario. The failure has been in not organising a political constituency opposed to inflation by persistent education of public opinion. This is a task for an alliance of Chicago neo‐classical economics, Austrian ‘anarcho‐capitalism’, and Virginia public choice. *