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My Time with Supply-Side Economics
By Paul Craig Roberts
This article appeared in the Winter 2003 issue of The Independent Review


Abstract

The supply-siders of the Reagan era convinced leaders of both parties, to varying degrees, that stagflation had resulted from a policy mix that pumped up demand with easy money while restricting output with high tax rates. Supply-side economists recommended that monetary policy be used to restrain inflation and fiscal policy be used to change relative prices and increase aggregate supply.



Other Independent Review articles by Paul Craig Roberts
    Fall 2009   Letter to the Editor
    Spring 2004   My Time with Karl Marx
    Spring 2003   The Causes of Wrongful Conviction
[View All (7)]



Volume 7 Number 3
Winter 2003

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