On this week’s episode of Lever Time Premium, exclusively for The Lever’s supporting subscribers, David Sirota sits down with economist Isabella Weber, one of the first economists to raise the alarm about profit-driven inflation.

In 2021, Weber published an op-ed about how corporate profiteering was helping drive inflation, and suggested the government could set price controls for certain goods and services to address the problem. At the time, Weber’s uncommon opinions were roundly derided by Beltway economists. Now, almost two years later, Nobel Prize-winning economist Paul Krugman has gone from calling her “truly stupid” to suggesting that maybe we should reopen the conversation about price controls. 

David speaks with Isabella about the debate still surrounding inflation: what’s driving it, who’s responsible, what price controls would really look like, and which economists you should never listen to again.  

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