After Covid, people rushed to go out to eat at restaurants causing demand pull inflation, “the good kind of inflation," explains economist Farrokh Langdana.
Interview with PBS: Prof. Langdana and the Fed
Farrokh Langdana, professor of finance and economics, and director of the Rutgers Business School Executive MBA Program, discusses the economic trends that have led to inflation. In this vlog, he outlines the two kinds of inflation that occurred after Covid, and a third that is occurring now and into the future.
- Demand pull inflation, “the good kind of inflation”
- Cost push inflation, “bad inflation”
- Non-sustainable deficit inflation, “dangerous inflation”
No diagrams, no graphs, just Langdana’s unique ability to explain complex economic concepts in an engaging and understandable way.
Originally filmed September 1, 2024.
See more of Professor Langdana's blogs and articles, including his Fireside Chats, pertaining to current global fiscal and monetary policy analyses, click here.
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About Professor Farrokh Langdana
Dr. Langdana's areas of expertise include global monetary and fiscal policy analysis. Langdana has published several articles and five books and has won over 30 teaching awards, including the Warren I. Susman Award, Rutgers University's highest possible teaching award, and he has a classroom named after him at Rutgers Business School. In addition to the U.S., Langdana has taught extensively in China, Singapore, France, Iceland, and India. Langdana was recently awarded the RBS Dean's Meritorious Service Award and acclaimed as RBS Dean's Professor of Business.
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