Beyond the cost of living crisis
Analysis4 Heinä 2022

Beyond the cost of living crisis

The Bank of England says inflation might reach 11 per cent this year. There are warnings that some people will have to choose between heating and eating.

But what does it mean for the whole economy when prices just keep rising? In the 1970s inflation in the UK led to prices and wages spiralling as workers fought for wages that would keep up with prices.

Those years were dominated by waves of strikes and social unrest as inflation became embedded in the economic system. The current situation is being exacerbated by Covid 19, the war in Ukraine and Brexit so is there anything that government can do to stop it? How bad could it get? And are the days of low inflation gone forever?

Reporter Philip Coggan talks to: Manoj Pradhan consultant at Talking Macroeconomics Andy Haldane, Chief Executive of the RSA and former Chief Economist at the Bank of England Jagjit Chadha: Director of the National Institute of Economic and Social Research (NIESR) Helen Dickinson, Chief Executive of the British Retail Consortium Ruth Gregory, Economist at Capital Economics Kenneth Rogoff, Professor of Economics at Harvard University

Producer: Claire Bowes Editor: Richard Fenton-Smith Production co-ordinators: Helena Warwick-Cross and Maria Ogundele Sound engineer: Neil Churchill

Jaksot(389)

Holland's Challenge to Tolerance

Holland's Challenge to Tolerance

Why is liberal, tolerant Netherlands home to one of Europe's most successful anti-immigration, anti-Islamic parties?Geert Wilders' radical right-wing Party For Freedom (PVV) - which wants to close mos...

13 Maalis 201728min

How do the SNP sell a second referendum?

How do the SNP sell a second referendum?

Could a second referendum on Scottish independence yield a different result? In September 2014 when Scotland voted against becoming an independent country it seemed like the question had been settled ...

6 Maalis 201728min

How Voters Decide: Part Two

How Voters Decide: Part Two

What makes us change our mind when it comes to elections? We are all swingers now. More voters than ever before are switching party from one election to the next. Tribal loyalties are weakening. The e...

27 Helmi 201728min

How Voters Decide: Part One

How Voters Decide: Part One

What does the story of the Downing Street cat reveal about the way voters decide? We are not taught how to vote. We rely on intuition, snap judgments and class prejudice. We vote for policies that cla...

20 Helmi 201728min

Analysis Extra: The Pull of Putin

Analysis Extra: The Pull of Putin

Why do populist politicians across the West want warmer relations with Russia? Are they just Kremlin agents? Or are they tapping into a growing desire to find common cause with Moscow – and end East-W...

16 Helmi 201737min

Is Talent a Thing?

Is Talent a Thing?

When hiring people, is the concept of talent so ill-defined as to be useless? Entrepreneur and author Margaret Heffernan thinks so and explores what characteristics recruiters might want to look for i...

13 Helmi 201728min

How Not to Do It

How Not to Do It

Jacqui Smith, the former Labour home secretary, investigates why government policies fail, focusing on one of her party's most cherished reforms.Indeterminate sentences for public protection (IPPs) we...

6 Helmi 201728min

Atom Man

Atom Man

The journey of an American 'cold warrior' from nuclear deterrence to nuclear disarmament. Former US Secretary of Defence William J Perry has spent his entire seven-decade career on the nuclear brink. ...

30 Tammi 201728min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rss-asiastudio
rss-vaalirankkurit-podcast
rss-podme-livebox
linda-maria
the-ulkopolitist
rss-kaikki-uusiksi
rss-tekkipodi
rikosmyytit
rss-mina-ukkola
rss-kuka-mina-olen
rss-raha-talous-ja-politiikka
rss-kyselytunti