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What is Conflict Inflation and Economic Dynamics about?

This document summarizes a research paper that develops a model of inflation, distribution, and accumulation. Some key points: 1) The theory of inflation is a conflict theory where inflation results from conflicting claims on income by workers and firms, which are affected by their relative bargaining power. 2) This bargaining power influences the distribution of income and accumulation patterns in the economy, which then feeds back to influence bargaining power over time. 3) The model shows how the ec

Author

Ricardo Caffe

Language

EN