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Some Problems of Current Price Movements

In: Inflation Theory and Anti-Inflation Policy

Author

Listed:
  • Revold Entov

    (Institute of the World Economy and International Relations)

Abstract

There have been a number of peculiar features that can characterise the development of the contemporary inflation process. In the past few years a slump in production and a rise in unemployment rates in a number of the capitalist countries have been accompanied by a further rise in prices that has made still more acute the economic and social problems facing those countries. These events have been the logical result of the deepening of contradictions imbedded in such economic growth. The ruling class has done its utmost to transfer the burden of declining production and accelerating inflation onto the working people.

Suggested Citation

  • Revold Entov, 1977. "Some Problems of Current Price Movements," International Economic Association Series, in: Erik Lundberg (ed.), Inflation Theory and Anti-Inflation Policy, chapter 5, pages 135-150, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-03260-0_5
    DOI: 10.1007/978-1-349-03260-0_5
    as

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