Greed and corporate concentration do not cause inflation

Brian C. Albrecht

The War on Prices (Book Chapter) 2024

Published Version

Abstract

This chapter debunks the 'greedflation' narrative - the claim that corporate greed or market concentration causes inflation. Corporate greed is constant and cannot explain why inflation varies over time. Monetary policy, not market structure, determines inflation. Price controls would cause shortages, not lower prices.

Key Insight

Corporate greed is constant; it cannot explain why inflation varies over time.

Keywords

  • inflation
  • greedflation
  • corporate concentration
  • monetary policy
  • price controls

Citation

Brian C. Albrecht (2024). "Greed and corporate concentration do not cause inflation." The War on Prices (Book Chapter).

BibTeX

@article{greedflation,
  title = {Greed and corporate concentration do not cause inflation},
  author = {Brian C. Albrecht},
  year = {2024},
  journal = {The War on Prices (Book Chapter)},
  url = {https://www.amazon.com/War-Prices-Popular-Misconceptions-Inflation/dp/1952223865/}
}