Labor Movement Parties & Inflation: Contrasting Responses in Britain & Sweden

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Abstract
Martin distinguishes the response of two democratic labor parties to the problem of inflation. Swedish policy seemed to combine technical effectiveness with political viability (maintaining organized labor support for the labor party) more successfully than British policy. Yet the British Labour party seemed not to learn a lesson from its Swedish coreligionists. The essay is helpful not only concerning strategies for controlling inflation, but concerning the policy process and the value of comparative analysis in eliciting alternatives to the policy actually chosen. Martin finally points-however tentatively-an accusing finger at the British Labour party leadership.

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