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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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Professor Tibor Besedes Tibor Besedes, the Mary S. and Richard B. Inman, Jr. Professor of Economics in the School of Economics, was interviewed for the article "Atlanta Seeing 2nd Highest Inflation Rate in the Country," published May 13, 2022, on CBS46.com.
Besedes discussed forces driving inflationary pressures in Atlanta. An excerpt:
“A lot of people moving to Atlanta are bidding up the prices of housing and that creates an inflationary pressure,” said Tibor Besedes , professor at Georgia Tech School of Economics.
The global supply chain issues are also making matters worse, and it’s unlikely any cities or states can do much to prevent further damage or loss.
“These are systemic issues. A lot of driving — can’t really reduce that quickly, and a lot of people can’t do that quickly. It’s difficult to require more fuel-efficient cars. You can’t increase public transportation overnight, so it’s really difficult,” Besedes said.
