An edition of The Great Inflation (2013)
Great Inflation
The Rebirth of Modern Central Banking
By Michael D. Bordo,Athanasios Orphanides
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Publish Date
2013
Publisher
University of Chicago Press
Language
eng
Pages
544
Description:
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms & facilitate more efficient planning & allocation of resources. This volume focuses on understanding the causes of the Great Inflation of the 1970s & 1980s.