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The Fight Against Inflation: A Comment

In: Monetarism in the United Kingdom

Author

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  • Allan H. Meltzer

Abstract

The development of rational expectations is one of the most important, and intellectually exciting, developments of economic theory in recent decades. Implications for economic theory, econometric theory and practice and for economic policy continue to flow, and it is both safe — and rational — to expect that we are nearer to the beginning than to the end of these developments.

Suggested Citation

  • Allan H. Meltzer, 1984. "The Fight Against Inflation: A Comment," Palgrave Macmillan Books, in: Brian Griffiths & Geoffrey E. Wood (ed.), Monetarism in the United Kingdom, pages 61-66, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-06284-3_4
    DOI: 10.1007/978-1-349-06284-3_4
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