It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment. (Edmund Phelps)

It was gradually learned that acceptance of a somewhat higher inflation rate would not really bring somewhat higher employment.

Edmund Phelps

Related topics

inflation somewhat higher

Related quotes

There are many reasons there was higher inflation in the 1970s. But that is a complicated story that deals with much more than tax policies. View quote
Lawrence Klein
I think playing solo is a second rate activity, really. For me, playing is about playing with other people. View quote
Derek Bailey
The highest patriotism is not a blind acceptance of official policy, but a love of one's country deep enough to call her to a higher plain. View quote
George McGovern
The concept of logical thinking is selection and this is brought about by the processes of acceptance and rejection. Rejection is the basis of logical thinking. View quote
Edward de Bono
If man has learned to see and know what really is, he will act in accordance with truth, Epistemology is in itself ethics, and ethics is epistemology. View quote
Herbert Marcuse