Isabella M. Weber is a German economist. She is an assistant professor of economics at the University of Massachusetts Amherst. Weber is known for having taken a position in favor of a price control policy. Her article published in The Guardian in December 2021 caused an uproar among economists. She authored an op-ed for The Guardian explaining how price caps could help alleviate the economic crisis Germany faced from the COVID-19 pandemic.
The suggestion sharply divided economic experts and led to a campaign of online harassment against the economist, including from a Nobel laureate. The harassment slowed after other renowned economists stepped into the conversation to defend Weber. Ultimately, in an effort to slow inflation, German authorities did decide to implement energy price cap measures suggested by Weber.
Weber also proposed that inflation following the pandemic and Russian invasion of Ukraine were the results of seller's inflation, or businesses taking advantage of disruptions in the supply chain to raise prices.
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