Table of Contents

Acknowledgments, 1 Introduction, 2 Orthodox Economic Treatments, 3 Pure Self-Interest and the Politics of Inflation, 4 Theories of Secular Decline, 5 Wage-Push, 6 Corporatism and the Long Run, 7 The Effects of Institutions on Macroeconomic Performance, 8 Marxist Theories, 9 Conclusion, References, Index

About the Author

Michael R. Smith is Professor and Chair of the Department of Sociology, McGill University. He has published widely on the subject of the boundary between sociology and economics, including: labor relations and industrial disputes; the wage determination process; the Canada-U.S. free trade agreement; the implications of the European single-market for the Canadian chemical industry; the effects of computers on the organization of office work; and the postwar inflation.

Reviews

-Smith (sociology, McGill Univ.) presents an intensive, critical examination of the vast literature developed by sociologists, political scientists, and others that supplements or replaces the macroeconomic theories that some economists use to explain inflation in capitalist countries in the 1960s and 1970s... Smith provides an excellent explanation of the ways of thinking and theories that economists, sociologists, political scientists, and others use to explain economic outcomes. Recommended for advanced undergraduate and graduate students.- --P. M. Titus, Choice

"Smith (sociology, McGill Univ.) presents an intensive, critical examination of the vast literature developed by sociologists, political scientists, and others that supplements or replaces the macroeconomic theories that some economists use to explain inflation in capitalist countries in the 1960s and 1970s... Smith provides an excellent explanation of the ways of thinking and theories that economists, sociologists, political scientists, and others use to explain economic outcomes. Recommended for advanced undergraduate and graduate students." --P. M. Titus, Choice

"Smith (sociology, McGill Univ.) presents an intensive, critical examination of the vast literature developed by sociologists, political scientists, and others that supplements or replaces the macroeconomic theories that some economists use to explain inflation in capitalist countries in the 1960s and 1970s... Smith provides an excellent explanation of the ways of thinking and theories that economists, sociologists, political scientists, and others use to explain economic outcomes. Recommended for advanced undergraduate and graduate students." --P. M. Titus, Choice