What are some articles or audios (audios preferrable) that critique other schools' explanations for stagflation?
"Why don't you go stand under a stalactite, and bellow the resonate room frequency and wait for it to impale your brain!" -The Brain
Which schools specifically?
Any really, but (Neo)Keynesian would be most useful.
Well to my knowledge Friedman provided a critique originally of the Phillips Curve, showing via his adaptations-augmented version of it how boosting AD in Keynesian economics would both increase unemployment and inflation. The New Classicist Rational Expectations model is a more sophisticated explanation. Neo-keynesians have responded to both, and I haven't followed up responses to their reformulated positions, but if you want to trace non-Austrian explanations of the phenomenon I recommend you look into New Classicist economists. Hope that helps.
Correct me if I'm wrong, but the Austrian explaination is that monetary inflation which effects wages before assets creates more unemployment, while inflation which effects assets before wages creates more employment, correct? Something that simple seems hard to refute.
Inquisitor: Thank you, but I did ask for aticles or audios. Those would be more helpful.Grant: Listen to, or read, chapter 9 of For a New Liberty.