Bichler, ShimshonNitzan, Jonathan2022-11-242022-11-242008From Welltop to Laptop? Bichler, Shimshon and Nitzan, Jonathan. (2008). May. pp. 1-4. (Article - Monograph; English).http://hdl.handle.net/10315/40196capital high-tech inflation Middle East oil prices stagflationOver the past decade, soaring commodity prices have had a relatively minor impact on the overall level of prices, at least by historical standards. Whereas oil is twelve times more expensive now that it was in 1999, consumer prices in industrialized countries are only 20 per cent higher. This short note explains why the sluggish response of inflation may be about to change.Article