Lakshmi Rhone wrote: > "first inflation targeting doesn't work." > > But Nathan there were certainly many post Keynesian economists who > complained that it did work all too well.
"inflation targeting" is code for "hard-core tight money." It can work in the sense of screwing up the economy (from a worker's point of view) while not working in the sense of keeping the inflation rate constant. -- Jim Devine / "In an ugly and unhappy world the richest man can purchase nothing but ugliness and unhappiness." -- George Bernard Shaw _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
