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The Return of Inflation

Money and Capital in the 21st Century
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( 36 ratings, 3 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
The Return of Inflation by Paul Mattick examines the recent resurgence of inflation, analysing past and present economic conditions within the framework of capitalism's history. Mattick offers a clear, jargon-free explanation of money and inflation, revealing the economic forces behind price increases and the attempts to curb growth to control inflation.
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Format: Paperback / softback
$3499
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

Ideal for readers interested in economics, political economy, and contemporary economic challenges, especially those seeking critical perspectives on inflation and capitalist economies.

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A concise, jargon-free explanation of inflation past and present, and the world economy today.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

The last year has seen the return of inflation as a preoccupation of political decision-makers, economists, and the general public. After two decades of wondering why inflation was so low, despite vast economic stimulus, economists were surprised by the recent surge of price increases.

Despite disagreement about what exactly is happening in the economy, there is unanimity that growth must be slowed in order to control inflation. To focus on inflation's return, Paul Mattick looks at past and present, placing current events in the context of capitalism's history.

Exploring in novel terms the nature of money itself, he provides a concise, jargon-free understanding of recent inflation, and official efforts to control it, illuminating the state of our contemporary economy.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Praised for its lucid and well-researched analysis, the book challenges mainstream economic views on inflation. Steve Fraser calls it an eye-opening and indispensable critique highlighting capitalism's inflationary tendencies, while Duncan K. Foley commends it as the best critical left-wing account of inflation's history and monetary institutions.

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Book Details

INFORMATION

ISBN: 9781789147919

Publisher: Reaktion Books

Format: Paperback / softback

Date Published: 09 October 2023

Country: United Kingdom

Imprint: Reaktion Books

Audience: General / adult

DIMENSIONS

Width: 138.0mm

Height: 216.0mm

Weight: 250g

Pages: 184

About the Author

Paul Mattick is emeritus professor of philosophy at Adelphi University, New York. He is the author of Theory as Critique: Essays on Capital and is the editor of the Reaktion/Brooklyn Rail Field Notes series. He is the former editor of the International Journal of Political Economy and lives in San Francisco.

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