Features
The Social Life of Inflation
Editors: Sian Lazar, Eva Van Roekel, and Ståle Wig
After a period of relatively low inflation in many economies in the Global North, inflation has once again become a major world concern. The COVID-19 pandemic, which disrupted supply chains and labor markets, combined with increased government spending and rising energy prices due to the war in Ukraine, has contributed to a global surge in prices. Unsurprisingly, public debates have centered on how to stall this development. Bankers, policymakers, and economists negotiate which economic levers to pull, and when, to stabilize the prices. Amid discussions about rising interest rates, new monetary policy and government price caps, where does anthropology fit in? What can anthropology add to the academic study of inflation?