Lay out data for what actually happened in 1970es and you realize that "era of stagflation" is a matter of 2 terrible years, 1974-5. Otherwise growth was as strong or stronger than in any year, let alone decade since. Pre-73 high growth cast a long shadow!
ft.com/content/d490ef… https://t.co/XJ5vyiQrLH
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…