Inflation

  • The price of labour and the price of everything else

    Without redistributive policies, monetary policy alone can be detrimental to employment and wages. In addition to tackling profits through windfall and wealth taxes to fight price inflation everywhere else, we need to increase the price of labour. Governments must raise minimum wages to keep up with inflation, invest in decommodified housing, empower unions to defend…

    The price of labour and the price of everything else
  • Dealing with an 18-year high inflation

    High inflation may prove to be temporary, but unless and until it subsides, governments need to act to protect those who are struggling.

    Dealing with an 18-year high inflation
  • Is inflation a threat?

    We can hardly tackle obscene and rising levels of economic inequality if we are not prepared to see a sustained rise in wages at the expense of the capital share of national income, and a sustained period of wages growing at least in line with growing productivity.

    Is inflation a threat?