Gebundenes Buch

Conflict Inflation

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This book brings together distinguished scholars who analyze the recent resurgence of inflation from the point of view of conflict among social classes over the appropriate distribution of income.For the better part of the past four decades, inflation remained low and stable in most industrialized economies-certainly close to the various inflation targets. As a result, inflation did not pose much of a policy threat, and economists' attention was drawn elsewhere. Since 2020, however, the picture is very different. A pandemic followed by a war has led to a surge in inflation throughout the globe...