In Inflation: A Guide for Users and Losers, Mark Blyth and Nicolò Fraccaroli deliver a sharp, accessible critique of orthodox economics. They argue that central bank interest rate hikes are an outdated, blunt tool for fixing modern inflation, which is driven by supply shocks, climate disruptions, and geopolitical friction. Treating inflation as a distributional conflict, the book shows how policy choices decide who wins and who loses, urging targeted, structural policy solutions instead.
