The historical place of the 'Friedman-Phelps' expectations critique
The 'expectations critique', usually attributed to Friedman or Phelps and dated towards the end of the 1960s, in fact originates much earlier. And rather than being an insight properly attributable to a particular individual, it was, by that time, a commonplace of economic discussion. Th...
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Format: | Working paper |
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University of Oxford
2008
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