Inflation: A Guide for Users and Losers

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Synopsis
"An essential dose of clear thinking on one of the most contentious issues in economic policy." —Adam Tooze A 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 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. Policymakers around the world may have pulled off a so-called "soft landing," 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.
Copyright:
2025

Book Details

Book Quality:
Publisher Quality
Book Size:
288 Pages
ISBN-13:
9781324106159
Related ISBNs:
9781324106142, 9781324106142
Publisher:
W. W. Norton & Company
Date of Addition:
Copyrighted By:
Mark Blyth and Nicolò Fraccaroli
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
Nonfiction, Business and Finance, Politics and Government
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.

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