Inflation and Unemployment

Lord Robbins
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Lord Robbins: The London School of Economics

Chapter 10 in Against Inflation, 1979, pp 46-52 from Palgrave Macmillan

Abstract: Abstract My Lords, doubtless we can all agree that the centre of gravity of this discussion this afternoon is the level of unemployment. However, I would submit that near the centre of gravity is also the problem of the value of money still falling, prices still rising—even though less rapidly—at what at any other time in our political history would have been regarded as a deplorable rate.

Keywords: Cash Flow; Price Control; Aggregate Expenditure; Regional Unemployment; Income Policy (search for similar items in EconPapers)
Date: 1979
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DOI: 10.1007/978-1-349-04478-8_10

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