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