Opinion

A New Way to Look at Inflation

Google LogoMark Us Preferred on Google
A New Way to Look at Inflation
High gas prices are displayed at a Mobil gas station in Pasadena, Calif., on May 11, 2026. Mario Tama/Getty Images
Jeffrey A. Tucker
|Updated:
0:00
Commentary

For a very long time, I’ve wondered about the legitimacy of inflation data. I’m hardly alone. The academic literature is filled with questions. The answers mattered less when inflation was a predictable 2 percent and most people sensed that the problem had been conquered for good. The gradual loss of purchasing power was annoying but not devastating.

Google LogoMark Us Preferred on Google
Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]