Mark Blyth and Nicolò Fraccaroli - Inflation

In 'Fooled by Randomness', Nassim Nicholas Taleb discusses the pervasive influence of chance and randomness in our lives and financial markets. The book argues that humans tend to underestimate the role of luck and overestimate the role of skill, leading to biases such as hindsight bias, survivorship bias, and the narrative fallacy. Taleb emphasizes the importance of recognizing and coping with uncertainty, and he critiques the tendency to seek deterministic explanations for random events. The book is part of Taleb's Incerto series, which also includes 'The Black Swan', 'The Bed of Procrustes', 'Antifragile', and 'Skin in the Game'.

Phil Graham's "The Myth of American Inequality" likely challenges prevailing narratives about income inequality in the United States. The book probably presents data and analysis to demonstrate that the extent of inequality is often overstated or misinterpreted. Graham likely argues that certain factors, such as government policies or changes in labor market dynamics, contribute to the perception of inequality. The book might offer alternative explanations for observed trends in income distribution. "The Myth of American Inequality" likely aims to provide a more nuanced and accurate understanding of income inequality in the US, challenging common assumptions and offering a more balanced perspective.

In this book, Mark Blyth explores the history and intellectual lineage of austerity policies, tracing their roots back to classical economists such as John Locke, David Hume, and Adam Smith. Blyth argues that austerity does not work, especially when implemented during recessions, and that it has exacerbated economic crises, including the European debt crisis. He provides historical examples from the Great Depression and post-World War I Europe, showing how austerity policies worsened economic conditions and contributed to the rise of fascist regimes. The book also critiques the modern advocates of austerity, highlighting the tenuous arguments and thin evidence supporting this policy.

In 'Superabundance', Marian L. Tupy and Gale L. Pooley challenge conventional wisdom by showing that population growth has led to increased resource abundance. They argue that more people generate more ideas, leading to innovations that improve living standards. The book emphasizes the importance of freedom in fostering this 'superabundance'.