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On December 2-3, PERI hosted a conference to explore the causes of this global inflation spike. Conference participants provided critical perspectives on the austerity macroeconomic policies being implemented globally to control inflation and proposed alternative policies capable of managing inflation without imposing austerity and rising mass unemployment. Below are an initial set of conference papers. We will continue to add to the remaining papers in the coming weeks.
Conference Papers
Lessons from the Inflation of 2021-202(?)
Asha Banerjee and Josh Bivens
Myth and Reality in the Great Inflation Debate: Supply Shocks and Wealth Effects in a Multipolar World Economy
Thomas Ferguson and Servaas Storm (This paper was first published by the Institute for New Economic Thinking)
Inflation and Paid Care Services in the U.S
Nancy Folbre
The Fed’s Real Reaction Function: Monetary Policy, Inflation, Unemployment, Inequality – and Presidential Politics
James K. Galbraith, Olivier Giovannoni, and Ann J. Russo
Effective Inflation Control Requires Supply-Side Policy
Marc Jarsulic (This paper was first published by the Center for American Progress)
Rethinking Supply Constraints
J.W. Mason and Arjun Jayadev
Federal Reserve Anti-Inflation Policy: Wealth Protection for the 1%?
Aaron M. Medlin and Gerald Epstein
The Political Economy of the Cost of Living Crisis in the UK: What Is to Be Done?
Ozlem Onaran
Considerations on Inflation, Economic Growth, and the 2 Percent Inflation Target
Robert Pollin and Hanae Bouazza
Who Killed the Phillips Curve? A Murder Mystery
David Ratner and Jae Sim
Inflation in Times of Overlapping Emergencies: Systemically Significant Prices from an Input-Output Perspective
Isabella M. Weber, Jesús Lara Jauregui, Lucas Teixeira, and Luiza Nassif Pires
