Inflation (eBook)

A Guide for Users and Losers

Mark Blyth, Nicolò Fraccaroli (Autoren)

eBook Download: EPUB

2025
288 Seiten
W. W. Norton & Company (Verlag)
978-1-324-10615-9 (ISBN)

Infos

"e;An essential dose of clear thinking on one of the most contentious issues in economic policy."e; Adam Tooze"e;[A] brilliant primer about a phenomenon that we thought was behind us but has come back with a vengeance."e; ?Edward Luce, Financial TimesA fresh, revealing, and myth-busting guide to the ins and outs of inflation from two leading political economists.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 Nicol 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.Policymakers around the world may have pulled off a so-called "e;soft landing,"e; but Inflation warns they must update their thinking. Now tariffs, climate shocks, demographic change, geopolitical tensions, and politicians promising to upend the global order are all combining to create a more inflationary future, making a new paradigm for understanding inflation urgently necessary. Astute, timely, and engaging, Inflation is a must-read for anyone seeking to understand the forces shaping our economy and politics.

Produkt-Details

• Erscheint lt. Verlag: 6.5.2025
• Zusatzinfo: 16 charts and graphs
• Sprache: englisch
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
• Schlagworte: band of england • Bank of England • economy • european central bank • Fed • Federal Reserve • Finance • Hyperinflation • Inequality • interest rates • International Economics • Macroeconomics • monetary policy • MONEY • Recession • Supply shock • tariffs
• ISBN-10: 1-324-10615-8 / 1324106158
• ISBN-13: 978-1-324-10615-9 / 9781324106159