Michael Harrington has been lambasted here over the years, but unlike Marv, Harrington had a pretty good handle on stagflation. See 'Decade of Decision' (Simon & Schuster, 1980), for example. The DSA, under Harrington and Ehrenreich's leadership, also republished some noteworthy pamphlets on the issue. I wanted to pull a few memorable quotes but alas, I couldn't locate my copies. I recall one title 'Three Pieces of the Economic Puzzle' or something like that. Will keep trying to locate them.
--Richard Menec On Wed, Feb 28, 2024 at 5:14 PM Mark Baugher <[email protected]> wrote: > > > > > On Feb 28, 2024, at 1:55 PM, Marv Gandall <[email protected]> wrote: > > > > Yes, the term derived from economic stagnation and wage nflation. > > Marv, it was price inflation, not wage inflation. I think the 70s were the > decade where Keynesian economics no longer seemed to work. Before that, it > seemed to work. > > Mark > > > > > > -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#29171): https://groups.io/g/marxmail/message/29171 Mute This Topic: https://groups.io/mt/104608543/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/8674936/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
