454 Results for “inflation”

Besides changes in institutions and social norms, other phenomena could explain a rise in the profit share.

Emerging out of the COVID lockdown, inflation in the U.S. and globally has risen to the highest levels in 40 years. On December 2-3, PERI will host a conference to explore the causes of this global inflation spike. Conference participants will also provide critical perspectives on the austerity macroeconomic policies being implemented globally to control inflation and will propose alternative policies capable of managing inflation without imposing austerity and rising mass unemployment.

Summers and Stansbury Get It Half Right

The effect of monetary policy on the functional distribution of income

Why to Be Wary of Another Volcker-Type Monetary Tightening

Why the conventional tools of the Phillips Curve, NAIRU, potential output, and money-supply growth are useless

Are there alternative, less socially costly, ways to bring inflation down?

Ratner and Sim’s “Who Killed the Phillips Curve – A Murder Mystery”

Despite fear-mongering about the latest Consumer Price Index, unemployment remains elevated and stimulus is needed to prevent a collapse in demand

The biggest factor in accounting for the strength in the economy is the continuing importance of the wealth effect in sustaining consumption by the affluent.

Inflation and corporate profits, a further discussion

The re-emergence of inflation threw the ‘science of monetary policy’ off the rails. Do the new tweaks to the theory work?

The key issue is the regulation of the liquidity of all financial markets, and not just that of the banking system

Inflation and corporate profits, a further discussion, responding to Servaas Storm

In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.