ออฟไลน์ด้วยแอป Player FM !
พอดคาสต์ที่ควรค่าแก่การฟัง
สปอนเซอร์
Andrew Elrod on the Politics of Inflation Control
Manage episode 314022714 series 2817135
What's the responsible thing to do if inflation starts to rise? This week we talk with Andrew Elrod, who recently completed a dissertation on the history of wage and price controls in America between 1940 and 1980 at UC Santa Barbara. It turns out that mainstream American history offers a number of options for dealing with accelerating prices; monetary policy doesn't have to be the only game in town.
"When my new theory has been duly assimilated and mixed with the politics and feelings and passions, I can't predict what the final upshot will be in its effect on action and affairs. The task of keeping efficiency wages reasonably stable... is a political rather than economic problem. I do not doubt that a serious problem will arise as to how wages are to be restrained when we have a combination of collective bargaining and full employment. But I am not sure how much light the analytical method can throw on this essentially political problem." - JMK
****** LINKS ******
Follow Andrew on twitter: @andrewelrod
Check out more of his writing here: https://andrewelrod.net/
And the articles we discussed today here:
https://bostonreview.net/class-inequality-politics/andrew-elrod-specter-inflation
https://phenomenalworld.org/analysis/many-inflations
https://phenomenalworld.org/analysis/construction-labor-shortage
*** MENTIONED ***
Mark Erlich - https://lwp.law.harvard.edu/people/mark-erlich
David Weil - Fissured Workplace - https://www.fissuredworkplace.net/
Allen J. Matusow - The Unraveling of America: A History of Liberalism in the 1960s - https://ugapress.org/book/9780820334059/the-unraveling-of-america/
24 ตอน
Manage episode 314022714 series 2817135
What's the responsible thing to do if inflation starts to rise? This week we talk with Andrew Elrod, who recently completed a dissertation on the history of wage and price controls in America between 1940 and 1980 at UC Santa Barbara. It turns out that mainstream American history offers a number of options for dealing with accelerating prices; monetary policy doesn't have to be the only game in town.
"When my new theory has been duly assimilated and mixed with the politics and feelings and passions, I can't predict what the final upshot will be in its effect on action and affairs. The task of keeping efficiency wages reasonably stable... is a political rather than economic problem. I do not doubt that a serious problem will arise as to how wages are to be restrained when we have a combination of collective bargaining and full employment. But I am not sure how much light the analytical method can throw on this essentially political problem." - JMK
****** LINKS ******
Follow Andrew on twitter: @andrewelrod
Check out more of his writing here: https://andrewelrod.net/
And the articles we discussed today here:
https://bostonreview.net/class-inequality-politics/andrew-elrod-specter-inflation
https://phenomenalworld.org/analysis/many-inflations
https://phenomenalworld.org/analysis/construction-labor-shortage
*** MENTIONED ***
Mark Erlich - https://lwp.law.harvard.edu/people/mark-erlich
David Weil - Fissured Workplace - https://www.fissuredworkplace.net/
Allen J. Matusow - The Unraveling of America: A History of Liberalism in the 1960s - https://ugapress.org/book/9780820334059/the-unraveling-of-america/
24 ตอน
ทุกตอน
×![Artwork](/static/images/128pixel.png)
1 Herman Mark Schwartz on Corporate Strategy 1:53:08
![Artwork](/static/images/128pixel.png)
1 Jamie Martin on *The Meddlers* and Legitimation Machines 1:11:08
![Artwork](/static/images/128pixel.png)
1 Eric Monnet on *Controlling Credit* 1:11:20
![Artwork](/static/images/128pixel.png)
1 Nina Eichacker on Solyndra, Socialism, and Fiscal Space 1:49:04
![Artwork](/static/images/128pixel.png)
1 Christy Thornton on *Revolution in Development: Mexico and the Governance of the Global Economy* 1:02:32
![Artwork](/static/images/128pixel.png)
1 Expecting Skanda Amarnath 1:19:45
![Artwork](/static/images/128pixel.png)
1 Eric Helleiner on *The Neo-Mercantilists: A Global Intellectual History* 1:44:36
![Artwork](/static/images/128pixel.png)
1 Charles Postel on *Equality: An American Dilemma, 1866-1896* 1:44:54
![Artwork](/static/images/128pixel.png)
1 Amy Offner on *Sorting out the Mixed Economy* 1:49:58
![Artwork](/static/images/128pixel.png)
1 Andrew Elrod on the Politics of Inflation Control 1:35:40
![Artwork](/static/images/128pixel.png)
1 John Shovlin - *Trading with the Enemy: Britain, France, and the 18th-Century Quest for a Peaceful World Order* 1:42:15
![Artwork](/static/images/128pixel.png)
1 Double Header - Luke Petach on *Spatial Keynesianism* and Daniele Tavani on Secular Stagnation 2:17:59
![Artwork](/static/images/128pixel.png)
1 Zachary D Carter on *The Price of Peace* 2:04:43
![Artwork](/static/images/128pixel.png)
1 David Stein on *Fearing Inflation, Inflating Fears* 1:22:36
![Artwork](/static/images/128pixel.png)
1 Robert Manduca on the Multiple Dimensions of Inequality 1:05:17
ขอต้อนรับสู่ Player FM!
Player FM กำลังหาเว็บ