470 Results for “inflation”

A recent policy brief by Blanchard (2016), based on an earlier paper (Blanchard, Cerutti, Summers 2015) raises a number of interesting points concerning the NAIRU and the Phillips Curve, which are further discussed in the comment on the paper by Ball (2015).

The role of speculation in the crude oil market in the increase in the WTI crude oil price.

Contrary to the New Keynesian paradigm, long-term unemployment can be reversed without a significant uptick in inflation

Economists Claudia Sahm, Servaas Storm, and Pia Malaney share their views on the problem that has everyone freaking out. Here’s what it all means for your pocketbook – and your democracy.

Servaas Storm, Steven Fazzari, and Thomas Ferguson comment on the Inflation Reduction Act

Michalis Nikiforos, Simon Grothe, and Servaas Storm criticize Marc Lavoie’s recent take on the current inflation debate. Marc Lavoie responds.

The monetary policies of major central banks in advanced economies have had negative consequences and thus need to be fixed

Antitrust expert Hal Singer shows how big businesses in certain industries are taking advantage of inflation worries to jack up prices far beyond their cost increases, all the while raking in robber-baron profits.

Modern Monetary Theory is problematic. Launching large scale fiscal programs that rely on it would be skating on thin ice.

Eight years after the 2008 crisis the global economy is still stuck with low growth, too low inflation, and rising debt burdens. Massive monetary stimulus has failed to generate adequate demand, and some commentators suggest that we are “out of ammunition” with which to counter deflationary pressures.

Friedrich von Hayek described the economist’s task as demonstrating how little we really know about what we imagine we can design

It was a mistake to accept a ‘reference price’-determination process for basic commodities led by finance

Thomas Ferguson’s commentary for an INET symposium on the Inflation Reduction Act

These days, one hears worries of impending inflation.

Recognizing that inflation of the value of output and its costs of production must be equal, we focus on a cost-based macroeconomic structuralist approach in contrast to micro-oriented monetarist analysis.