June 8, 2023· 47 min

Isabella Weber on the Big Rethink of Inflation

Isabella Weber

Orality

Model

86%

Highly oral (epic poetry, sermons, hip-hop)

Speaker Breakdown

HostTracy Alloway(1,540 words)

M:29%

HostJoe Weisenthal(1,440 words)

M:29%

GuestIsabella Weber(5,736 words)

M:28%

Oral Indicators

Agonistic48%

very, totally, certainly

Engagement61%

you, our, your

Memory Aids100%

listen, like, right

Repetition100%

like (164x), they (95x), right (85x)

Parallelism99%

And I'm Joe Wiesenthal...., And since that episode so we a..., So this idea that companies ar...

Sound Patterns87%

84 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases6%

at the end of the day, you know what, i mean

Literate Indicators

Hedging7%

may, maybe, probably

Passive Voice7%

been surprised, be coordinated, be deterred

Abstract Nouns20%

investment, community, business

Subordination8%

since, although, because

Sentence Length43%

Avg: 15.7 words/sentence

Word Complexity49%

investment, analyze, anticipate

Academic Markers3%

according to

Impersonal Style39%

583 personal pronouns found

Descriptive Style100%

apply, really, particularly

Description

Earlier this year, Odd Lots talked about the idea of companies taking advantage of bottlenecks and other disruptions to raise their prices. Since then, the notion of this type of corporate-led inflation has burst into the public discourse with central bankers and politicians all taking a closer look. But how does this type of inflation differ from more traditional economic interpretations of prices, and what are the implications for monetary and economic policy? In this episode, we talk once again to Isabella Weber, the UMass-Amherst economics professor who dubbed this phenomenon "sellers' inflation" in a paper published earlier this year. She talks about how the way we think about inflation is changing and her own experience of seeing public attitudes shift in real time. See omnystudio.com/listener for privacy information.

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