Author

Craig Austin

Craig Austin

Craig Austin is an Assistant Teaching Professor of Logistics & Supply Chain Management at Florida International University.

COMMENTARY

Why are prices so high? Blame the supply chain, and that’s the reason inflation is here to stay

By: - November 12, 2021

Consumer prices soared in October 2021 and are now up 6.2% from a year earlier – higher than most economists’ estimates and the fastest increase in more than three decades. At this point, that may be no surprise to most Americans, who are seeing higher prices while shopping for shoes and steaks, dining at restaurants […]