Today’s economy can no longer be explained by an Econ 101 textbook. The promise of competitive prices, efficient markets, and humming supply chains has vanished. We’ve learned that our economy is not as resilient as hoped: when inevitable supply bottlenecks recently arose, commerce was brought to a near standstill. We’ve seen prices on everything – from gas to diapers – rise higher than ever before. And while consumers felt squeezed and stranded, the most powerful corporations posted record profits. How did we get here and how can we avoid this ever happening again? Panelists will reveal the surprising drivers of today’s inflation, including unprecedented market consolidation and corporate profiteering, and chart the path toward building a more resilient economy that works for all of us.
Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.