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A Critical Look at Supply-Side Theory and a Brief Look at some of its International Aspects

In: International Monetary Problems and Supply-Side Economics

Author

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  • Walter S. Salant

Abstract

This paper examines the theory underlying what has been called supply-side economics in the context of claims that it would both increase employment and reduce the rate of inflation, thereby curing the stagflation from which the United States of America and others have been suffering. It concludes by considering, although only briefly, some international aspects of supply-side economics.

Suggested Citation

  • Walter S. Salant, 1986. "A Critical Look at Supply-Side Theory and a Brief Look at some of its International Aspects," Palgrave Macmillan Books, in: Jon S. Cohen & G. C. Harcourt (ed.), International Monetary Problems and Supply-Side Economics, chapter 6, pages 108-124, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18392-0_6
    DOI: 10.1007/978-1-349-18392-0_6
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