TITLE

Jimmy in Wonderland

AUTHOR(S)
Berman, Ronald
PUB. DATE
January 1978
SOURCE
New Republic;1/7/78, Vol. 178 Issue 1, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on the opinion of economists Arthur Okun and Lester Thurow that U.S. President Jimmy Carter's strategy of trying to stimulate productivity, cutting taxes and increasing purchasing power will not work as a program to fight inflation. Anti-inflation strategy hailed by the opposition; Absence of both Keynesian and pre-Keynesian characteristics of inflation; Unprecedented simultaneous existence of inflation and recession; Abundance of idle resources without a reduction in the rate of inflation.
ACCESSION #
11106303

 

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