Mainstream economics, especially the kind you’ll find in central banks, likes its models tidy. They assume the economy tends to balance itself out, like a seesaw which settles itself. Inflation, in ...
Inflation isn’t just a buzzword — it has real effects on your finances, from the interest rates on loans to the value of your ...
According to the latest Consumer Price Index (CPI) report from the Bureau of Labor Statistics, inflation rose slightly in January 2025, bringing it to its highest point since June 2024. For many ...
Heterodox thinkers had diagnosed the problem earlier. Joseph Stiglitz highlighted supply shocks and energy prices.