Nitzan and Bichler

I use World Bank data to test Nitzan and Bichler's 'stagflation thesis' --- the idea that inflation in the midst of economic stagnation is the norm.

The post Is Stagflation the Norm? appeared first on Economics from the Top Down.

Here’s an update to my post ‘The Truth About Inflation’. As expected, inflation is still differential. And no, it’s not caused by government spending.

The post Inflation: Everywhere and Always Differential appeared first on Economics from the Top Down.