The dominant view of inflation holds that it is macroeconomic in origin and must always be tackled with macroeconomic tightening. In contrast, we argue that the US COVID-19 inflation is predominantly a sellers’ inflation that derives from microeconomic origins, namely the ability of firms with market power to hike prices. Such firms are price makers, but they only engage in price hikes if they expect their competitors to do the same. This requires an implicit agreement which can be coordina...| Elgar Online: The online content platform for Edward Elgar Publishing
Blog 'Globalising Hope - the Courageous Journey of La Via Campesina' by A Growing Culture - Collective work cannot succeed in homogeneity...| Local Futures
Farmers’ protests surge in 65 countries, yet global food prices are at historic highs. If farmers aren't benefiting from high food prices, who is?| grain.org
As UPOV has expanded, the global seed market has been taken over by a cartel of agrochemical companies. Today, just four of these companies control half of the US$47 billion seed market. They also control 75% of the global agrochemicals market. This is not a coincidence.| grain.org