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The Great Inflation and Its Aftermath: The Past and Future of American Affluence

Robert J. Samuelson




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 | #277222 in eBooks |  2008-11-04 |  2008-11-11 | File type: PDF

||1 of 1 people found the following review helpful.| Excellent Economic History|By Nicholas Roberts|'The Great Inflation' is about the inflationary period that plagued the US economy from the middle 1960s until the early 1980s. It spawned four recessions, three of them were deep and severe. The book dives into much detail about what inflation is and how it comes about and how the government responds to it. Samuelson's basic thesi|From Publishers Weekly|Samuelson, a columnist for the Washington Post and Newsweek, presents a highly readable and thought-provoking discussion of the crippling inflation that hit the United States from the mid-1960s to 1982, resulting in four rece

The Great Inflation in the 1960s and 1970s, notes award-winning columnist Robert J. Samuelson, played a crucial role in transforming American politics, economy, and everyday life. The direct consequences included stagnation in living standards, a growing belief—both in America and abroad—that the great-power status of the United States was ending, and Ronald Reagan’s election to the presidency in 1980. But that is only half the story. The end of high in...

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