Wages and Prices in a Mixed Economy

James Meade

Chapter 2 in Explorations in Economic Liberalism, 1996, pp 22-49 from Palgrave Macmillan

Abstract: Abstract I need not dwell on the fact that we find ourselves not merely in an inflationary situation, but in a situation in which the rate of inflation has itself recently been rising rapidly and has been combined with an exceptionally high level of unemployment. This ‘stagflation’ is illustrated in Table 2.1.2

Keywords: Labour Market; Monetary Policy; Trade Union; Bargaining Power; Profit Margin (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24967-1_2

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DOI: 10.1007/978-1-349-24967-1_2

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