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. This much is...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2008
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