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Why is everything getting so expensive?
Diapers, food, rent — around the world, prices are rising. So what can we do about it?
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Right now, inflation is inescapable. At the grocery store, the gas station, and in almost every country in the world, people are playing more — way more — than they did just a couple of years ago for everything.
In this video, we explore three explanations for why prices are rising, as well as different policy options for bringing them down.
Further reading:
Coalition of Parent and Community Organizations Accuse Procter & Gamble of Price Gouging in Letter to CEO Jon Moeller About Skyrocketing Diaper Costs: https://parentstogetheraction.org/2022/09/19/open-letter-from-parents-to-procter-gamble-ceo/#:~:text=The%20overall%20cost%20of%20diapers,to%20keep%20their%20babies%20dry.
America’s monopoly problem, in one chart: https://www.vox.com/2018/11/26/18112651/monopoly-open-markets-institute-report-concentration
Inflation: No evidence of a wage-price spiral: https://seekingalpha.com/article/4548770-inflation-no-evidence-of-wage-price-spiral
Prices, Profits, and Power: An Analysis of 2021 Firm-Level Markups: https://rooseveltinstitute.org/wp-content/uploads/2022/06/RI_PricesProfitsPower_202206.pdf
Inflation & Corporate Power Explained: Supply Disruptions & Corporate Power, The Groundwork Collaborative: https://groundworkcollaborative.org/news/inflation-corporate-power-explained-supply-disruptions-corporate-power/
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