The New Inflation : The Collapse of Free Markets

In this lively but profound study, W. David Slawson contends that balancing the government budget will not stop current inflation short of a disastrous depression. Originally published in 1982. The **Princeton Legacy Library** uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905. In this lively but profound study, W. David Slawson contends that balancing the government budget will not stop current inflation short of a disastrous depression. Originally published in 1983. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase a Contents ACKNOWLEDGMENTS INTRODUCTION PART I. The New Inflation 1. The Inflationary Forms of Competition 2. Inflationary Markets 3. Pricing Institutions 4. Sellers' Uncertainties 5. Competitive Inflation 6. Demand-Pull / Cost-Push / Wage-Push PART II. The Need for a New Economics 7. The Sources of Economic Determinism 8. The Costs of Economic Determinism 9. The New Economics PART III. Controlling Inflation 10. The Shape of the Program 11. Some Specific Directions for the Program INDEX