Inflation and the limitations of economics

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Chapter 8 in New Developmentalism, 2024, pp 83-93 from Edward Elgar Publishing

Abstract: The monetarist theory is simply wrong; the Keynesian, the cost-push, and the inertial theory complement each other. Often there is no alternative but to use the interest rate to irrationally control non-demand inflation.

Keywords: Development Studies; Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2024
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