Items related to Inflation (MIT Press Essential Knowledge)

Inflation (MIT Press Essential Knowledge) - Softcover

Book 110 of 114: MIT Press Essential Knowledge

Olney, Martha

 
9780262553155: Inflation (MIT Press Essential Knowledge)

Synopsis

Anyone who has balked at the price of a carton of eggs or lamented the cost of a tank of gas in the past five years has experienced the sting of inflation. What causes inflation? When has it surged historically? And which policies best address it? In this concise and timely volume, economist Martha Olney explains what inflation is, its patterns over time, its underlying causes, the controversial Phillips Curve and its possible relevance, anti-inflation policy, and more. From the obvious rise in the cost of living to the more discreet decrease in quality of goods and services, Olney provides an indispensable introduction to the concept of inflation and what we can do to address its effects.

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About the Author

Martha Olney is Teaching Professor Emerita from the Department of Economics at the University of California, Berkeley. She is author of Macroeconomics as a Second Language and Microeconomics as a Second Language and coauthor of Essentials of Economics and Macroeconomics. She is the recipient of multiple teaching and mentorship awards and an elected member of the Society of Distinguished Fellows of the Economic History Association.

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