What is the best Keynesian (new or Post doesn't matter) paper or article explaining the stagflation of the 1970s? My impression is that there was an oil shock and easy Fed policies coinciding with wage indexation (unions had not yet been beaten down). But I wonder if there's a good Keynesian doing the number crunching. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
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