Our Animal Friends by Fisher-Price
During the past decade Arthur M. Okun, like many economists, focused attention on finding ways to fight inflation without sacrificing goals of high employment and prosperity. In recent years the economy has been plagued by stagflation--the simultaneous persistence of high inflation and high unemployment. Traditional methods of aggregate demand management that have been reasonably successful in curing either one or the other of these problems have not been effective, and the nation has not been able to contain inflation even in periods of economic slack. It now seems clear that the economists' traditional model that presumes short-run flexibility in wages and prices no longer holds for most of the industrial world, and hence the response of inflation to shifts in macroeconomic policy is weak. In this volume Okun seeks to explain that loss of responsiveness by analyzing how modern labor and product markets work and how they are structured. A central feature of Okun's analysis is implicit contract theory, which recognizes that efficiency-maximizing decisions by business firms reflect long-term considerations as well as short-term changes in markets. His interpretation of microeconomic behavior and macroeconomic performance provides a basis for the design of policies to deal with stagflation.Matt Mitter was born in Oklahoma City on a Wednesday afternoon and spent his childhood in and around the Ozarks. Later on, he lived in several places and did a little bit of everything. He has authored the text (mainly poem) for dozens of children's books that have been praised by readers of all ages for their wonderful illustrations during the past 20 years. He and his wife are currently bonded to two Scottish Folds and live in San Francisco.
| SKU | Unavailable |
| ISBN 13 | 9780794418786 |
| ISBN 10 | 0794418783 |
| Title | Our Animal Friends |
| Author | Fisher-Price |
| Series | Fisher Price Little People |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | David & Charles |
| Year published | 2009-06-30 |
| Number of pages | 14 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |