Journal of Economic Literature
Binder, Carola. Shock Values: Prices and Inflation in American Democracy
2026-05-29
Michael D. Bordo of Rutgers University reviews “Shock Values: Prices and Inflation in American Democracy” by Carola Binder. The Econlit abstract of this book begins: “Explores how price fluctuations and attempts to manage them have shaped American democracy, analyzing examples of the disparate impacts of price fluctuations and their political consequences.”