The fearsome dilemma: simultaneous inflation and unemployment
Business and economics, Economics, Canadian non-fiction
Human-narrated audio
Summary
An economist discusses the problem of how inflation and unemployment have been managed since 1939. McLeod notes that while inflation has been controlled in most industrialized countries, economic output has remained below capacity, and so unemployment has been high. McLeod… argues that the instruments now used to control inflation are inadequate, and often make unemployment worse. He presents several possible approaches which might avoid this dilemma. 1994.