Massive State Economic Intervention Has Led to This Point

05/24/2022Paul Tolmachev

Narrator:

Everything from huge Keynesian "stimulus" policies to the war in Ukraine is dovetailing in a bout of stagflation: the simultaneous growth of inflation and unemployment.

Original Article: "Massive State Economic Intervention Has Led to This Point"

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Author:

Paul Tolmachev

The Russian-born Tolmachev is portfolio manager at BlackRock (London, UK) with $500 million in personally managed assets. He also is a visiting scholar at the Stanford Institute of Economic Policy Research, where he researches institutional and political economy.