Stagflation as a Coordination Crisis: A Reaganomics Analysis

This text provides an in-depth analysis of stagflation, interpreted as a fundamental crisis of systemic coordination. Using the theoretical framework of Reaganomics, the author examines the clash of three economic ontologies: from the self-regulation paradigm, through institutionalism, to theories of endogenous financial fragility. The article sheds new light on contemporary macroeconomic issues, such as the impact of automation on productivity, the Minsky hypothesis, and the role of a global reserve currency. This is an important contribution to the debate on financial stability and supply-side policy, demonstrating that historical disputes over economic governance remain key to understanding today's market uncertainty and the challenges facing the modern state.