La medicina medieval de la economía ortodoxa contra la inflación

James K. Galbraith
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James K. Galbraith: University of Texas, Austin

El Trimestre Económico, 2024, vol. 91 (2), issue 362, 409-414

Abstract: Considering that the U. S. inflation rate peaked in June 2022, there is no evidence that monetary policy had any significant effect on the direction taken by prices. Yet, like premodern physicians committed to the ancient humoral theory of disease, mainstream economists today have shown that they lack the tools to cure the patient.

Keywords: Inflation; United States; mainstream economics. (search for similar items in EconPapers)
JEL-codes: E31 G17 G20 G28 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.20430/ete.v91i362.2326

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