There is a growing consensus across the world that corporate greed is the new villain in town, spiking inflation even as workers get doubly penalised by low wage increases and higher interest rates. How far is this true? What are the policy implications? And is India also witnessing greedflation?
Sad to see this issue is still being debated so much. If you need an empirical antidote, you can find one from Christopher Conlon, Nathan H. Miller, Tsolmon…