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Economists Split Over Inflation Causes and Remedies
A panel of 13 economists disagrees on inflation drivers with most saying it does not threaten a depressionlike mood. Some favor firmer management and wage restraint, others push higher wages and more government spending, while Hoover’s low mood warning is rejected by all.
MENTIONED IN THIS ARTICLE
Herbert Hoover
Harvard
Sumner Slichter
W. E. Hamilton
American Farm Bureau Federation
Marcus Nadler
New York University
A. W. Zelemek
Statistical Bureau
New York
U. S. Labor Department
Edmund Ware
University of Wisconsin
Sen
Douglas
D-Ii
Eisenhower
Hoover
Treasury
Humphrey
Malcolm P. McNair
Martin Gainsbrugh
National Industrial Conference Board