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Converging Dialogues

#436 - All About Inflation: A Dialogue with Mark Blyth and Nicolò Fraccaroli

13 Jul 2025

Description

In this episode, Xavier Bonilla has a dialogue with Mark Blyth and Nicolò Fraccaroli on inflation. They define inflation, provide positive and negative of inflation, and how prices are measured. They talk about housing interest rates, Federal Reserve, inflation in the 70s, Biden stimulus, Hyperinflation in Turkey and Argentina, Trump’s tariffs, and many more topics. Mark Blyth is the William R. Rhodes ’57 Professor of International Economics and the Director of the Rhodes Centre for International Economics and Finance at the Watson Institute for International and Public Affairs at Brown University. He holds a joint appointment in the department of political science. He studies the politics of growth, distribution and decarbonization and why people continue to believe dubious economic ideas despite buckets of evidence to the contrary. He is the author of many award-winning books including his most recent (co-authored with Nicolò Fraccaroli), Inflation: A Guide for Users and Losers. Nicolò Fraccaroli is an Economist at the World Bank and Visiting Scholar at Brown University. He has an MSc in Political Economy of Europe from the London School of Economics and PhD in Economics from the University of Rome Tor Vergata. Before joining the World Bank, he was a Postdoctoral Research Associate and Adjunct Professor at Brown University. He has also worked at the European Central Bank, the Bank of England, and the Inter-American Development Bank. His work focuses on political economy with data-driven applications to the topics of central banking, populism, and finance. His work has featured on the Financial Times, the Guardian, and other outlets, and in the speeches of various policymakers including Mario Draghi and Christine Lagarde. Get full access to Converging Dialogues at convergingdialogues.substack.com/subscribe

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