Re: Interest Rates and inflation

["J. Barkley Rosser, Jr." <rosserjb@xxxxxxx>]

Alan,
       Yes, as we know there are a lot of economists
who appear to have some sort of ideas along the
lines of what is now dubbed the Phillips Curve.
At a minimum among the older crowd they include
David Hume and Karl Marx.
Barkley Rosser
-----Original Message-----
From: Alan G. Isaac <aisaac@xxxxxxxxxxxx>
To: J. Barkley Rosser, Jr. <rosserjb@xxxxxxx>
Cc: pkt@xxxxxxxxxxxxxxxx <pkt@xxxxxxxxxxxxxxxx>
Date: Thursday, December 21, 2000 8:13 AM
Subject: Re: Interest Rates and inflation


>On Wed, 20 Dec 2000, J. Barkley Rosser, Jr. wrote:
>>      The original paper by Phillips is
>> A.W. Phillips, "The Relation between Unemployment and
>> the Rate of Change of Money Wage Rates in the United
>> Kingdom, 1861-1957," Economica, November 1958,
>> vol. 25, pp. 283-299.
>>      The paper by Samuelson and Solow is
>> Paul A. Samuelson and Robert M. Solow, "Analytical Aspects
>> of Anti-Inflation Policy," American Economic Review, May 1960,
>> vol. 50, pp. 177-194.
>>       Again, I stand to be corrected if these are not the key
>> papers and the correct sequence of the appearance of the
>> "Phillips curve" in economic discourse.
>
>While one might debate issues of priority endlessly,
>I'd say these are the only early papers in this
>literature that many people still read.
>Oh, I guess Lipsey's paper might also find a fair
>number of readers.
>
>Alan Isaac
>
>
>