

Robert Samuelson on the Great Inflation, Its History and Its Legacy
May 27, 2019
Economics columnist Robert Samuelson discusses the Great Inflation era, its historical significance, and the actions taken by Reagan and Volcker to combat inflation. They explore the clash of Keynesianism and monetarism, wage price controls, and the enduring impact on American attitudes and policies.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Navigating Economic Turbulence: From Inflation Crises to Modern Monetary Theory
02:00 • 15min
Debating the Feasibility of Price Level Targeting in Economics
16:46 • 2min
The Impact of High Inflation on American History
18:32 • 28min
Analyzing Explanations for 1970s Inflation and Federal Reserve Response
46:35 • 3min
Retrospective Analysis of the Great Inflation: Monetary Policy vs. Supply Shocks
49:52 • 2min
Reflections on the Consequences of Tackling the Great Inflation
51:31 • 5min