Source: Cato Institute
by Ryan Bourne and Nathan Miller
“In recent years, I’ve offered several critiques of inflation theories variously described as ‘greedflation,’ ‘sellers’ inflation’ or ‘profit-led inflation.’ The economist Christopher Conlon has now offered a more formal treatment in a forthcoming paper in the International Journal of Industrial Organization. He comes to the same conclusions.” (01/23/26)
https://www.cato.org/commentary/profit-led-inflation-trivial-or-wrong