Bill Mitchell — Unemployment and Inflation – Part 8

I am devoting today’s blog time to the continuation of our textbook draft. Tomorrow the Australian Labour Force comes out. The alternative today was going to be an analysis of the lying statements of David Cameron and George Osborne but I will have more of them next week undoubtedly. It will give me more time to examine my “austerity” database, which I wrote about yesterday. So best use of the time today (after a long flight) is to advance our textbook.



This is the continuation of the Chapter on unemployment and inflation – the series so far is:

▪ Unemployment and inflation – Part 1
▪ Unemployment and inflation – Part 2
▪ Unemployment and inflation – Part 3
▪ Unemployment and inflation – Part 4
▪ Unemployment and inflation – Part 5
▪ Unemployment and Inflation – Part 6
▪ Unemployment and Inflation – Part 7

I am now continuing Section 12.6 on the Phillips Curve 

Chapter 12 – Unemployment and Inflation

Bill Mitchell — billy blog
Unemployment and Inflation – Part 8
Bill Mitchell