Economic Policy and the Great Stagflation

By Alan S. Blinder

Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S. economy during the years of the Great Stagflation in the mid-1970s. The topics discussed include the basic concepts of stagflation, turbulent economic history of 1971-1976, anatomy of the great recession and inflation, and legacy of the Great Stagflation. The relation of wage-price controls, fiscal policy, and monetary policy to the Great Stagflation is also elaborated. This publication is beneficial to economists and students researching on the history of the Great Stagflation and policy errors of the 1970s.

• Language: English
• Publisher: Academic Press
• Release date: Sep 11, 2013
• ISBN: 9781483264561

Alan S. Blinder

Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University, a former member of Bill Clinton's Council of Economic Advisors, and a former vice-chair of the Federal Reserve. The bestselling author of After the Music Stopped, he lives in Princeton, New Jersey.

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