Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

(stagnation + inflation) when inflation is high, the economic growth rate slows, and unemployment remains steadily high


the economy of the mid-1970s seemed to trade in inflation with unemployment in a phenomenon called "stagflation", where wages/prices (inflation)and unemployment rose together

in an apparent contradiction of the Phillips curve, which many by this point took as the sine qua non of Keynesianism

—p.40 America: Too Big to Fail? (21) by Mark Blyth
notable
6 years, 3 months ago