Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?

Isabella M. Weber, Evan Wasner
UMass Amherst, 2023
Niveau: expert
Perspectives: Économie institutionnelle, Économie néoclassique, Autre, Économie post-keynésienne
Sujet: Crises, Institutions, gouvernements & politiques, Macroéconomie, Monnaie & dette
Format: Journal Article & Book Chapter
Lien: https://scholarworks.umass.edu/econ_workingpaper/343/
Isabella M. Weber and Evan Wasner challange the dominant view of inflation that it is macroeconomic in origin and must always be tackled with macroeconomic tightening. In contrast, they argue that inflation is predominantly a sellers’ inflation that derives from microeconomic origins, namely the ability of firms with market power to hike prices.

Comment from our editors:

Isabella M. Weber's view on inflation is highly relevant to understand current economic developments and policy debates.

Go to: Sellers’ Inflation, Profits and Conflict: Why can Large Firms Hike Prices in an Emergency?

This material has been suggested and edited by:

Samuel Decker
Tags: distribution | inflation | interest rates | profits | sellers inflation
In aufgeheizten Zeiten mit noch aufgeheizteren Debatten lohnt es sich manchmal, einen Schritt zurückzutreten, um die Dinge grundsätzlich zu betrachten und nüchtern zu analysieren. Wenn man das bei dem seit November andauernden Streit über die Haushaltspolitik der Bundesregierung tut, kommt man zu einigen spannenden Erkenntnissen, erklären Jonas Plattner und Chiara Rohlfs in der Agora42 Kolumne.
2024
Level: débutant
Gestärkte Schuldenbremse?
Jonas Plattner und Chiara Rohlfs
Netzwerk Plurale Ökonomik
Julia und Rudi treffen sich in der 54. Folge mit Fred Heussner und Rike Reimer aus dem Netzwerk Plurale Ökonomik. Sie sprechen über die Entstehung, die Ziele und die Entwicklung des Projekts und erfahren zudem, wie sowohl die Finanzkrise als auch die Klimakatastrophe die Kritik des Netzwerks über die Zeit beeinflussen und verändern.
2023
Level: débutant
In der Wirtschaft mit Rike Reimer, Fred Heussner und dem Netzwerk Plurale Ökonomik
Julia Cremer, Rudolf Faininger, Martin Middelanis, Annabelle Putscher, Felix Roll
https://inderwirtschaft.home.blog/
Departing from an analysis of women's employment and changing gender regimes in the pre crisis period, Jill Rubery illustrates how the crisis affects men's and women's employment differently. Afterwards, she discusses the crisis' impact on gender relations. Based on empirical findings, she shows how men were more affected by the recession and women more by austerity and presents possible explanations. Those are furthermore linked to women's employment decisions and prevalent gender regimes. In particular, Rubery discusses cut backs in public spendings on care, flexibilization and the role of conservative gender ideologies.
2015
Level: débutant
Economic crisis and austerity: challenges to gender equality
Jill Rubery
Netzwerk Plurale Ökonomik
The current Great Recession, the worst crisis that capitalism has faced since the Great Depression, has failed, at least so far, to generate a change in the teaching and practice of Macroeconomics. This seems bizarre as if nothing has happened and the economists are just going about doing business as usual. In light of this, the current paper attempts to address how Macroeconomics ought to be taught to students at the advanced intermediate level, which gives them an overall perspective on the subject.
Level: débutant
Plurality in Teaching Macroeconomics
Rohit Azad
New School for Social Research, Department of Economics

Nous soutenir

Ce projet est le fruit du travail des membres du réseau international pour le pluralisme en économie, dans la sphère germanophone (Netzwerk Plurale Ökonomik e.V.) et dans la sphère francophone (Rethinking Economics Switzerland / Rethinking Economics Belgium / PEPS-Économie France). Nous sommes fortement attachés à notre indépendance et à notre diversité et vos dons permettent de le rester ! 

Donner