Question

In the 1960s, policy based on the simple short-run Phillips curve worked better than similar attempts...

In the 1960s, policy based on the simple short-run Phillips curve worked better than similar attempts in the 1970s because in the 1960s:

there was little understanding of the role of inflationary expectations on the Phillips curve model.
inflationary expectations were falling so that the long run changes did not work as predicted in the 1970s.
inflation was relatively constant, and expectations of inflation were also constant.
inflation was out of control, but there were poor mechanisms to measure this.

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