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Toward an Age of Humility
Aharoni, Yair
24/2  (Winter 1981): 49-59

Examines the impact of stagflation on the economic conditions of the developed countries during mid-seventies. Causes of stagflation; Importance of free markets in economic growth; Benefits of government intervention in the economy; Factors determining the ability of a democratic government to enforce a certain regulation.

 


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