IDEAS home Printed from https://ideas.repec.org/h/pal/pshchp/978-3-030-98588-2_12.html
   My bibliography  Save this book chapter

Thoughts on the Behaviour of Wages and Monetarism

In: Richard F. Kahn

Author

Listed:
  • Richard F. Kahn

Abstract

In the 1970s—when the tide was turning against the hegemony of Keynesian thought and the Western economies experienced levels of inflation such as had never been reached in the post-war period—Kahn deployed all the defences he could muster against monetarism, which to all intents and purposes amounted to the restoration of a pre-Keynesian approach. This essay, published 1976, focused on the UK and Kahn revisits his ideas on wage-wage spirals, wage differentials, trade union conflicts and the crucial role these factors play in determining inflation and unemployment, as compared with the role played by the monetization of the public sector budget deficit.

Suggested Citation

  • Richard F. Kahn, 2022. "Thoughts on the Behaviour of Wages and Monetarism," Palgrave Studies in the History of Economic Thought, in: Maria Cristina Marcuzzo & Paolo Paesani (ed.), Richard F. Kahn, chapter 0, pages 241-252, Palgrave Macmillan.
  • Handle: RePEc:pal:pshchp:978-3-030-98588-2_12
    DOI: 10.1007/978-3-030-98588-2_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:pshchp:978-3-030-98588-2_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.