1970s Inflation: The Economic Fever That Changed America
Автор: The Marginal Revolution Podcast
Загружено: 2025-09-15
Просмотров: 865
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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-rev...
Originally posted: September 24th, 2024.
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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/
00:00:00 - 1970s inflation
00:03:02 - Causes of the 1970s inflation
00:21:19 - Economist bashing
00:25:56 - 1970s inflation versus 2020s inflation
00:33:07 - The bottom line
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