Inflation: A Guide for Users and Losers - Hardcover

Blyth, Mark; Fraccaroli, Nicol

 
9781324106142: Inflation: A Guide for Users and Losers

Inhaltsangabe

Inflation is back, and its impact can be felt everywhere, from the grocery store to the mortgage market to the results of elections around the world. What's more, tariffs and trade wars threaten to accelerate inflation again. Yet the conventional wisdom about inflation is stuck in the past. Since the 1970s, there has only really been one playbook for fighting inflation: raise interest rates, thereby creating unemployment and a recession, which will lower prices. But this simple story hides a multitude of beliefs about why prices go up and how policymakers can wrestle them back down, beliefs that are often wrong, damaging, and have little empirical basis.Leading political economists Mark Blyth and Nicolò Fraccaroli reveal why inflation really happens, challenge how we think about it, and argue for fresh approaches to combat it. With accessible and engaging commentary, and a good dose of humor, Blyth and Fraccaroli bring the complexities of economic policy and inflation indices down to earth.InflationInflation

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Über die Autorinnen und Autoren

Mark Blyth is a political economist and professor at Brown University. He lives in Providence, Rhode Island.

Nicolò Fraccaroli is an economist at the World Bank and a visiting scholar at Brown University. He lives in Washington, DC.

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