News Summary

• Robert Kuttner: There are short-term drivers of inflation due to President Trump’s mismanagement of the economy.
• But the deeper drivers result from the degradation of capitalism, he says.
• He says digital technology and tech monopolies pick your pocket in countless ways.
• The remedy for opportunistic price hikes in so many sectors is the resurrection of antitrust, KuttNER says.
• The American Prospect's special issue of the Prospect takes stock of several hidden drivers of rising costs, he writes.