Nine historical views of the Phillips curve: eight authentic and one inauthentic
There is a widely believed but entirely mythical story to the effect that the discovery of ‘the Phillips curve’ was, in the 1960s and 1970s, an inspiration of inflationist policy. One aspect of the explanation of how that myth came to be widely believed is considered in this paper. It is noted that...
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Format: | Journal article |
Language: | English |
Published: |
World Scientific Publishing
2021
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