Understanding Inflation: Insights from ‘The Resurgence of Inflation

Inflation has become a hot topic again, especially in the aftermath of recent economic shocks. The Resurgence of Inflation: Lessons from History and Policy Recommendations by Michael Heine and Hansjörg Herr delves into past inflationary crises, like the German hyperinflation of the 1920s and the inflationary waves of the 1970s, offering essential lessons for today's policymakers. The book presents five in-depth case studies across Germany, the US, Italy, and the UK, analyzing the consequences of policy errors and presenting practical strategies to stabilize prices and manage economic challenges.

Discover how insights from the past can help shape a more stable economic future.

Keywords:

Inflation, productivity-oriented wage development, Monetary policy, Income policy, Macroeconomics, Wage bargaining systems, Inflationary waves, wage policy, inflationary price shocks, German hyperinflation, public debt, GDP growth, Fiscal policy, Deflation, Great Depression, Central bank policy, Financial crisis, Euro crisis, Covid-19 pandemic, Stagflation

Target Audience:
Economists, policymakers, financial analysts, academic researchers, university professors, economic students, central bank staff, financial journalists, economic historians, think tanks.

Genre:
Economic studies, financial policy, monetary policy, historical analysis, academic research, inflation studies, economic development, macroeconomics, financial history, non-fiction.