Description
Based on economic events and policies in the UK and US, Inflation and Unemployment argues controversially against the New Right claim that inflation causes unemployment. The effects of unemployment on the financial, mental and psychological well being of unemployed people are investigated and the impact of inflation on the distribution of income and wealth is assessed. In conclusion Graham Dawson suggests that recent macroeconomic policy in the UK and US has tended to overstate the dangers of inflation and understate the unemployment costs of disinflation.
Written in a lively and accessible style, this book provides a new understanding of key features of the modern economy.<
About the Author
Graham Dawson, Visiting Fellow, Max Beloff Centre for the Study of Liberty, The University of Buckingham, UK
Reviews
'This book is well written, interesting and comprehensive. It is a natural successor to the books on inflation by Fleming and Trevithick which so many readers found invaluable.'
Book Information
ISBN 9781852786588
Author Graham Dawson
Format Paperback
Page Count 224
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd