Strategic Demand and the Growth-Inflation Curve

Graeme Snooks

Chapter 11 in Longrun Dynamics, 2000, pp 141-159 from Palgrave Macmillan

Abstract: Abstract The central concept in this book is strategic demand. It is a force that arises from the unfolding of the dominant dynamic strategy driven by materialist man — a force that fluctuates with the changing fortunes of existing strategic opportunities. This is, I argue, an entirely new concept in economics, which promises to redress the balance in a discipline that, since the rejection of ‘divine demand’ in Adam Smith’s system, has adopted a supply-side approach to macroeconomics. And because of this our view of the real world is distorted and our policy advice is inappropriate.

Keywords: Money Supply; Dynamic Mechanism; Exogenous Shock; Dynamic Strategy; Longrun Growth (search for similar items in EconPapers)
Date: 2000
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DOI: 10.1057/9780230599390_11

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