1970s Inflation: The Economic Fever That Changed America | The Marginal Revolution Podcast

Welcome The Marginal Revolution Podcast! In the Season 1 premiere, Alex and Tyler kick off a 3-part series on the 1970s by exploring the decade's defining economic challenge: rampant inflation. They debate the factors behind the inflationary surge, from Keynesian spending policies to the collapse of Bretton Woods to contentious Fed policies. They end by drawing parallels to modern times, questioning why inflation in the 2020s has been curbed with less economic pain. Prepare for a lively discussion and a dash of economist-bashing along the way! Read a full transcript enhanced with helpful links: https://www.mercatus.org/marginal-revolution-podcast/1970s-inflation-economic-fever-changed-america Recorded July 17th, 2024 Stay connected: Follow Alex on X: https://x.com/ATabarrok Follow Tyler on X: https://x.com/tylercowen See Alex and Tyler's recent posts on Marginal Revolution: https://marginalrevolution.com/ https://www.seevid.ir/fa/w/QhyQReT9vX8 Causes of the 1970s inflation https://www.seevid.ir/fa/w/QhyQReT9vX8 Economist bashing https://www.seevid.ir/fa/w/QhyQReT9vX8 1970s inflation versus 2020s inflation https://www.seevid.ir/fa/w/QhyQReT9vX8 The bottom line

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