A panel of Booth experts discuss many of the phenomena shaping economic trends in America.
Between 2014 and 2017, inflation for online goods was at least 1 full percentage point lower every year.
Research finds that US institutions of higher education have meaningful monopsony power over tenure-track faculty, although not over nontenure-track faculty.
Prices rise more slowly online than in traditional stores, which could affect overall inflation levels.
Inflation is lower online than for traditional retail.