Unmasking Inflation: Why the Conventional Wisdom is Failing Us
Dive into the complexity of inflation and its impacts from a heterodox perspective, exploring its historical journey, social implications, and potential remedies.
Dive into the complexity of inflation and its impacts from a heterodox perspective, exploring its historical journey, social implications, and potential remedies.
Inflation and corporate profits, a further discussion, responding to Servaas Storm
Inflation and corporate profits, a further discussion
“Pricing will be an important lever for us this year and is expected to drive most of our growth.”
— Hershey CEO Michele Buck
“Most of our – if not all – of our net sales growth for 2022 would be driven by price/mix.”
— Amit Banati, CFO Kelogg’s.
(Source: Perkins 2022)
Every banking crisis has its own overarching narratives and coincidental streams of various sub-narratives that course through the marketplace day to day.
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Steven Herrmann, Jungian psychoanalyst and author of the books, William James and C. G. Jung and of William Everson: The Shaman’s Call, among others, engages in a wide-ranging conversation about finding one's calling, the poet William Everson, and the importance of dreams.
How do governments accumulate such high levels of debt without constant major crises? Who is paying the price?
Smith did not advocate a single-minded pursuit of profit
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Michalis Nikiforos, Simon Grothe, and Servaas Storm criticize Marc Lavoie's recent take on the current inflation debate. Marc Lavoie responds.
Besides changes in institutions and social norms, other phenomena could explain a rise in the profit share.
To what extent is profit-led inflation compatible with what we know about the price-setting behavior of firms and income distribution?