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Chronicle of a Stagflation Foretold: The Case of the US
Brosh M. Teucher

Last modified: 2019-10-15

Abstract


This paper applies several perspectives to examine the case of stagflation in the US. Stagflation is identified as condition of persistent high inflation combined with high unemployment and stagnant demand in a country's economy. Various types of information are considered and evaluated in relation to prospects of stagflation in the US. Conflicting streams of thought and evidence are compared. Future research, applied, and educational implications are discussed.