First published 2024
Robert O'Neill examines how inflation statistics shape economic policy and public understanding. The author argues that current price measurement methods often mislead both policymakers and citizens about real economic conditions. O'Neill traces the development of major price indices from their historical origins to contemporary applications. He demonstrates how different calculation methods produce varying results and explains why these differences matter for economic decisions. The book reveals how politicians and institutions manipulate price data to support specific narratives. O'Neill proposes alternative approaches to measuring economic change that better reflect actual consumer experiences. This work offers readers practical tools for interpreting economic news and understanding the numbers behind policy debates.
Genres: politics, economics, non-fiction, academic
Vibes: thought-provoking
Tropes: informative
217 pages · Hardcover · Cambridge Scholars Publishing