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Isabella Weber on the Big Rethink of Inflation
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Jun 08, 2023
Episode Duration |
00:46:56

Earlier this year, Odd Lots talked about the idea of companies taking advantage of bottlenecks and other disruptions to raise their prices. Since then, the notion of this type of corporate-led inflation has burst into the public discourse with central bankers and politicians all taking a closer look. But how does this type of inflation differ from more traditional economic interpretations of prices, and what are the implications for monetary and economic policy? In this episode, we talk once again to Isabella Weber, the UMass-Amherst economics professor who dubbed this phenomenon "sellers' inflation" in a paper published earlier this year. She talks about how the way we think about inflation is changing and her own experience of seeing public attitudes shift in real time.

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