The Return of Inflation

Money and Capital in the 21st Century

Paul Mattick

• Publisher: Reaktion Books
• Year: 2024
• Print ISBN: 9781789147919
• eBook ISBN: 9781789148169
• Topic: Business
• Subtopic: Business General
• Index: Business

Both a history and a contemporary analysis, an illuminating investigation of the defining economic concern of our time. The last year has seen the return of inflation as a preoccupation of political decision-makers, economists, and the general public. After two decades of wondering why inflation was so low, despite vast economic stimulus, economists were surprised by the recent surge in price increases. Despite disagreement about what exactly is happening in the economy, there is unanimity in one belief: slowing growth to control inflation. To focus on inflation's return, Paul Mattick looks at both the past and present, placing current events in the context of capitalism's history. Exploring the nature of money itself, he provides a concise, jargon-free understanding of recent inflation as well as official efforts to control it, illuminating the state of our contemporary economy.

Table of contents

• Front Cover
• Half Title
• Title Page
• Copyright
• Contents
• Introduction
• 1 Money, Goods, and Prices
• 2 The Age of Inflation
• 3 Theories and Policies
• 4 Modern Money
• 5 Prices and Profits
• 6 From the Great Inflation to Magic Money
• REFERENCES
• SELECT BIBLIOGRAPHY
• ACKNOWLEDGMENTS
• INDEX