Inflation by Mark Blyth
What It Is, Why It's Bad, and How to Fix It
The book treats inflation as a complex, politically charged phenomenon rather than a simple monetary disease: it traces historical episodes and shows how demand, supply shocks, wage dynamics, expectations, and fiscal choices interact to drive price rises. It criticizes one-size-fits-all austerity responses and orthodox monetary-only fixes, arguing that effective policy requires credible central banks combined with coordinated fiscal measures and social protections to shield vulnerable groups. The author offers pragmatic prescriptions—better public messaging, targeted interventions to address distributional effects, and institutional reforms—to restore price stability without exacerbating inequality or political instability.
- Published
- 2022
- Nationality
- British
- Length
- Unknown
- Pages
- Unknown
- Original Language
- English
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- Alternate Titles
- None
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