When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
We have just posted the latest installment of D&S collective member Alejandro Reuss's web-only series, "The General Theory and the Current Crisis: A Primer on Keynes' Economics."
The new installment (Part III) is entitled Keynes, Wage and Price "Stickiness," and Deflation.
The main page for the series is here.
Enjoy!
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