此项提议一举推翻了之前盛行的凯恩斯主义的信条，也就是认为宏观经济政策的目的是保证充分就业，而用薪酬体制来控制通货膨胀。
This proposition overturned the previous Keynesian orthodoxy that macroeconomic policy should aim at full employment, with the control of inflation left to wage policy.