Zeynep Nettekoven
is a Lecturer of Economics and academic program coordinator at the European Academy of Work (EAdA) at Goethe University Frankfurt . She majored in Economics with a minor in Political Science and International Relations at Yeditepe University, Istanbul. She earned her Master of Arts degree in International Economics at the Berlin School of Economics and Law and Ph.D. in Economics at the Free University Berlin.
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The author discusses the various dimensions of the recent hike in inflation in the context of the United States and policy dilemmas around high inflation, GDP decline and unemployment.
Why did inflation lift of in 2022? Are there differences between the US and the Eurozone and if so, what are they?
The podcast discusses how to deal with the rising inflation and presents a comparative perspective between the US and the EMU. Basically the speakers discuss whether we are heading to a stagflation in Europe similar to the 1970s and they compare the macroeconomic dynamics in the United States vs. the EMU.
The book provides an excellent comparative perspective on New Keynesian "New Consensus" economics and Post-Keynesian Economics at a beginner level. It also offers an interactive tool to understand how the economic models work, especially from a heterodox / pluralist perspective.