I don't deny that there's going to be something in the way of small price increases. I just see it as being a relatively small negative effect that is overridden by the positive effect of a higher living standard.
"Robert Pollin" is an American economist. He is a professor of economics at the University of Massachusetts Amherst and founding co-director of its Political Economy Research Institute (PERI).
He was the economic spokesperson in Jerry Brown's Democratic Party presidential primaries, 1992/1992 campaign for President of the United States.
In 2013, Pollin, with Thomas Herndon and Michael Ash from the University of Massachusetts Amherst, published a paper which found several errors in Carmen Reinhart's and Kenneth Rogoff's widely cited 2010 paper, "Growth in a time of debt".
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