
Sven Steinmo
Sven Steinmo is Professor of Public Policy and Political Economy in the Department of Political and Social Sciences, European University Institute.
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Italy’s French Temptation
Sven Steinmo is Professor of Public Policy and Political Economy in the Department of Political and Social Sciences, European University Institute.
Huge fiscal and monetary stimulus programs have sparked a growing debate about whether advanced economies may sooner or later experience the sort of rapid price growth last seen a generation ago. While stimulus advocates point to current weak demand and the public’s deeply ingrained low-inflation expectations, anxious hawks fear that a new and dangerous global inflationary consensus may be taking hold.