Information, Money and the Macro-Economics of Inflation
- 1 March 1974
- journal article
- Published by JSTOR in The Swedish Journal of Economics
- Vol. 76 (1) , 26
- https://doi.org/10.2307/3439354
Abstract
Traditional analysis of the price mechanism as a device for disseminating information is inadequate. It cannot explain the existence of unemployed resources, no...Keywords
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