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A New Economic Policy Playbook

>> Read article published by Project Syndicate

We are living in a world of overlapping emergencies – climate change, a pandemic, mounting geopolitical tensions – and more shocks are sure to come. Policymakers need to be prepared to react before the next one unleashes widespread inflation once again, and interest-rate hikes are not the answer.

>> Read Weber's working paper, "Sellers’ Inflation, Profits, and Conflict: Why Can Large Firms Hike Prices in an Emergency?"

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