Economics Dictionary of Arguments

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Stagflation: Stagflation characterizes an economic condition marked by simultaneous high inflation and stagnant economic growth, coupled with high unemployment. This unique scenario challenges traditional economic theories where inflation tends to occur alongside robust economic growth. Stagflation poses policy dilemmas as measures to tackle inflation might exacerbate unemployment, making it a complex economic challenge to address. See also Inflation, economic growth, Economic Theories, Economic cycles.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Keynesianism on Stagflation - Dictionary of Arguments

Mause I 57
Stagflation/Keynesianism/VsKeynesianism: After initial economic policy successes in the 1950s and 1960s, doubts grew about Keynesian macroeconomics (see Economic Policy/Keynesianism
), when unemployment and inflation ("stagflation") occurred simultaneously since the early 1970s. See Monetary Policy/Friedman.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

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