Inflation: Long-Term Problems

Inflation: Long-Term Problems

Inflation: Long-Term Problems

Inflation: Long-Term Problems

Excerpt

For more than half a century the Academy of Political Science, through its conferences and published proceedings, has been concerned about political action in the economic area. Today the United States as well as the rest of the world is struggling with massive inflation which seems to threaten the very foundations of society. Economists and political leaders do not agree on how it can be controlled, but they do believe that it poses a problem of the first magnitude.

This volume sets forth the views of a number of distinguished scholars concerning the causes of and possible cures for inflation. The Academy does not necessarily agree with the authors, nor do the authors necessarily agree with each other. But these papers shed light on the scope of the problem and suggest various means of dealing with it, as well as pointing out the dangers to the stability of the nation if it is not solved.

Since the Lehrman Institute is concerned with the analysis of public policy in its broadest aspects, stressing the historical roots of issues that may have relevance to contemporary policy questions, it seemed appropriate for the Institute to cosponsor this volume. Both the Academy and the Institute are nonpartisan educational forums, and both have the goal of presenting data that may aid in formulating public policy.

ROBERT H. CONNERY
President, The Academy of Political Science

LEWIS E. LEHRMAN
President, The Lehrman Institute . . .

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