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Strategic Demand and the Growth-Inflation Curve

In: Longrun Dynamics

Author

Listed:
  • Graeme Donald Snooks

    (Australian National University)

Abstract

The central concept in this book is strategic demand. It is a force that arises from the unfolding of the dominant dynamic strategy driven by materialist man — a force that fluctuates with the changing fortunes of existing strategic opportunities. This is, I argue, an entirely new concept in economics, which promises to redress the balance in a discipline that, since the rejection of ‘divine demand’ in Adam Smith’s system, has adopted a supply-side approach to macroeconomics. And because of this our view of the real world is distorted and our policy advice is inappropriate.

Suggested Citation

  • Graeme Donald Snooks, 2000. "Strategic Demand and the Growth-Inflation Curve," Palgrave Macmillan Books, in: Longrun Dynamics, chapter 11, pages 141-159, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59939-0_11
    DOI: 10.1057/9780230599390_11
    as

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