Must-Read: James Forder: Nine Views of the Phillips Curve: Eight Authentic and One Inauthentic
Must-Read: James Forder: Nine 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 perhaps later, an inspiration to inflationist policy. The point that this is a myth is argued in … Continue reading Must-Read: James Forder: Nine Views of the Phillips Curve: Eight Authentic and One Inauthentic
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