Friedman's Nobel Lecture reconsidered.
In his Nobel lecture, Friedman built on his earlier argument for a ‘natural rate of unemployment’ by painting a picture of an economics profession which, as a result of foolish mistakes, had accepted the Phillips curve as offering a lasting trade-off between inflation and unemployment and were there...
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Формат: | Working paper |
Мова: | English |
Опубліковано: |
Department of Economics (University of Oxford)
2008
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