inflation

How we calculate inflation has always been a subject of debate. Small changes that might seem trivial lead to enormous changes in how well-off we think we are.

Since the 1950s, the GOP has simplified the causes of inflation in order to blame Democrats.

No one really knows how interest rates work—not the experts who study them, the investors who track them, or the officials who set them.

Turns out you can tame inflation without triggering a recession. Will the Federal Reserve accept the good news?

What is the Federal Reserve, and who put it in charge? Is there no other way to fight inflation? Just what the hell is going on here?

In 1967, Milton Friedman launched a counterrevolution in economics that overturned the Keynesian theory of inflation.

The usual narrative about the "Volcker shock" leaves a lot out — and policymakers risk learning the wrong lessons.

Inflation hawks and inflation doves alike have learned the wrong lessons from the monetary policies of Paul Volcker and Alan Greenspan.

During the Civil War, the Lincoln administration demonstrated that a progressive agenda and effective anti-inflationary measures could overlap.

An excerpt from "The Hidden History of Neoliberalism."

Most of these tools are based on the Consumer Price Index, a measure of changing prices in the U.S. over time

History shows that targeted price caps work when accompanied by a public campaign.

On inflation, institutions, and the governance of the price level.

Alternative currencies flourish in desperate times and situations.

To control inflation during WWII, the U.S. government resorted to wide-ranging price controls. Unintended consequences may be the reason they aren't used today.

U.S. government policies must continue to support physical and social infrastructure spending amid the continuing pandemic to avoid ‘stagflation’.

What we think we know about stifling inflation could be wrong.

FDR managed inflation during World War II through government policy. Today’s calamities call for a similar approach.

Fifty years ago, in response to rising inflation, he rejected several long-standing practices. His Keynesian turn holds lessons for today’s economy.

In the 60s and 70s, spiraling prices for staples like meat and gasoline wreaked havoc on the U.S. economy, thanks to political and policy mistakes.

Inflation isn't inexorably a bad thing. In fact, it used to be considered good.

On Paul Volcker.

Understanding how inflation came to be a mainstay in modern economics.

Ulysses S. Grant was overlooked by historians and underestimated by contemporaries. H.W. Brands reevaluates Grant’s presidency.

The story of credit cards is the story of industry versus regulators. Industry won.

Monopolies across the grocery supply chain squeeze consumers and small-business owners alike. Big Data will only entrench those dynamics further.

On how the fringe ideas of a set of American neoliberals became a new and pervasive way of life.

And cost Gerald Ford the presidency.

The economist’s lifelong pugilism wasn’t in spite of his success—it may have been the key to it.

American thinkers consider what the already occupied West could fund.