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Cato Weekly Podcast • April 2, 2024 

# There Is No Such Thing as a Wage-Price Spiral 

The wage-price spiral is a popular explanation for why a temporary inflation might persist or even accelerate. Economist [Bryan Cutsinger](https://www.bryancutsinger.com/) says [the wage-price spiral narrative is unsupported by the empirical evidence](https://www.amazon.com/War-Prices-Popular-Misconceptions-Inflation/dp/1952223865).

[![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) 
This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/). 

##### Featuring 

##### Bryan Cutsinger 

Professor of Economics, Norris-Vincent College of Business & Angelo State University

[![Square face shot of Caleb O. Brown.](/sites/cato.org/files/styles/author_picture/public/2021-01/cbrown_sq.jpg?itok=zSWLm8kR)](/people/caleb-o-brown) 

##### [Caleb O. Brown](/people/caleb-o-brown)

Former Director of Multimedia, Host and Executive Producer, *Cato Daily Podcast*, Cato Institute