(Download pdf) The Great Inflation and Its Aftermath: The Past and Future of American Affluence
❀ Robert J. Samuelson ❀
#117213 in eBooks 2008-11-04 2008-11-11File Name: B001FA0K7C
1 of 1 people found the following review helpful. Excellent Economic HistoryBy 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 thesis is that inflation was the result of a national obsession with full emFrom Publishers WeeklySamuelson, 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 recessions. According to the author, the culprit of inflThe 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 beliefmdash;both in America and abroadmdash;that the great-power status of the United States was ending, and Ronald Reaganrsquo;s election to the presidency in 1980. But that is only half the story. The end of high inflation led to two decades ... [PDF.uc26] The Great Inflation and Its Aftermath: The Past and Future of American Affluence Rating: 4.94 (755 Votes)
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