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The Return of Inflation. Money and Capital in the 21st Century
The Return of Inflation. Money and Capital in the 21st Century
Author
Paul Mattick
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´A brilliant, lucidly presented analysis of the inherently inflationary logic of modern-day capitalism . . . Indispensable.´ - Steve Fraser, author of The Age of Acquiescence
The last year has seen the return of inflation as a preoccupation of political decision-makers, economists and the general public. After two decades of wondering why inflation was so low, despite vast economic stimulus, economists were surprised by the recent surge of price increases. Despite disagreement about what exactly is happening in the economy, there is unanimity that growth must be slowed in order to control inflation. To focus on inflation’s return, Paul Mattick looks at past and present, placing current events in the context of capitalism’s history. Exploring in novel terms the nature of money itself, he provides a concise, jargon-free understanding of recent inflation, and official efforts to control it, illuminating the state of our contemporary economy.
The last year has seen the return of inflation as a preoccupation of political decision-makers, economists and the general public. After two decades of wondering why inflation was so low, despite vast economic stimulus, economists were surprised by the recent surge of price increases. Despite disagreement about what exactly is happening in the economy, there is unanimity that growth must be slowed in order to control inflation. To focus on inflation’s return, Paul Mattick looks at past and present, placing current events in the context of capitalism’s history. Exploring in novel terms the nature of money itself, he provides a concise, jargon-free understanding of recent inflation, and official efforts to control it, illuminating the state of our contemporary economy.
Delivery 7 workdays
Club price:
17,95 €
Price:
17,95 €
-0%
Availability in stores
Share
Format
Paperback
Author
Paul Mattick
Language
English
Publishing company
Reaktion Books
Added date
30.11.2023
Year of publication
2023
Pages
240
Size
137 x 215 x 16 mm
Product code
9781789147919
Barcode
9781789147919
ISBN
9781789147919