Political economist Mark Blyth weighs in on inflation, tariffs and ‘the worst of all possible worlds’

Georgia Sparling at the website of Brown University:

As the global response to tariffs and concerns about inflation reach a fever pitch, Brown University political economist Mark Blyth is rethinking conventional economic wisdom on why prices go up and how policymakers can wrestle them back down.

In his forthcoming book, “Inflation: A Guide for Users and Losers,” Blyth and co-author Nicolò Fraccaroli analyze common assumptions about inflation and what drives it in the modern global economy, from climate shocks and demographic change to geopolitical tensions.

“The world is in a profound moment of change,” said Blyth, a professor of international economics and international and public affairs who directs the William R. Rhodes Center for International Economics and Finance at Brown’s Watson Institute.

“Inflation: A Guide for Users and Losers” will be published on Tuesday, May 6. Blyth is the author of several prior books including “Angrynomics” and “Austerity: The History of a Dangerous Idea.” In this Q&A, he offers his perspective on inflation and the impact of the U.S. presidential administration’s tariffs, and explains why he’s optimistic about the future.

More here.

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