Mark Blyth on the Winners and Losers from Inflation
Macro Musings with David Beckworth
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Navigating Price Controls and Inflation
This chapter discusses the complexities and varied effectiveness of price controls during the pandemic, highlighting both successes and failures across different countries. It explores factors contributing to inflation such as fiscal policies, labor costs, and corporate behavior while examining the dynamics of oligopolistic markets in response to inflation. Through specific examples, including the US egg market, the speakers emphasize the need for effective regulation and public support during economic crises.
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