Joshua R. Hendrickson is an Associate Professor of Economics at the University of Mississippi. His research interests include monetary theory, history, and policy. He has published articles in leading scholarly journals, including the Journal of Money, Credit and Banking, Journal of Economic Behavior & Organization, Journal of Macroeconomics, Economic Inquiry, and the Southern Economic Journal.
Hendrickson earned his Ph.D. in Economics from Wayne State University. He earned his B.A. and M.A. in Economics from the University of Toledo.
In the aftermath of the pandemic, the United States experienced the highest rates of inflation of the last four decades. More recently, inflation rates have been trending lower. Nonetheless, a number of economists have been surprised to observe that consumers aren’t very happy despite signs that the inflation rate is on a trajectory towards the...