"Bull Market Keynesianism"

Journal article

By: Dean Baker

Date: 1999

Source: Baker, Dean. "Bull Market Keynesianism." The American Prospect 10, no. 42, January 1–February 1, 1999. Available online at http://www.prospect.org/print/V10/42/baker-d.html; website home page: http://www.prospect.org (accessed June 5, 2003).

About the Author: Dean Baker was the codirector of Center for Economic and Policy Research and authored the Economic Reporting Review, which reviews business and economic reporting done by The New York Times and the Washington Post.

Introduction

Professional economists in the United States assumed in the years after 1945 that price inflation and the unemployment rate were tied together. When prices increased too much, that would lead to a higher...

[The entire page is 3705 words long]

Join eNotes

The above is a free excerpt. Get total access to this content with the: