Five Books: The best books on Inflation

It is important to look at Latin America if we want to understand inflation. Indeed, in the USA and Europe inflation has been stable from the ’90s to 2008. After 2008, these countries witnessed a prolonged period of low inflation. But inflation in Latin America has been consistently higher than in Europe and in the USA.

A major, new, and comprehensive look at six decades of macroeconomic policies across the regionWhat is nice is that in every chapter you have an economist, an expert on that country, writing the story and they give you a lot of data about each specific country. Then, at the end of each chapter, there are discussions with other economists, saying what they think is good and what they think is improvable about the chapter. It’s easy to read and very interesting and it makes comparisons between countries easy.

Full review of A Monetary and Fiscal History of Latin America, 1960-2017 at Five Books.