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)

Roberto Unger & Vulgar Keynesianism

Roberto Unger & Vulgar Keynesianism

Roberto Unger is an American-based thinker who is highly critical of the current ideas from left-of-centre politicians and thinkers about how to restore advanced economies to healthy growth. His devas...

25 Helmi 201328min

Making the Best of a Bad Job

Making the Best of a Bad Job

David Goodhart considers whether the declining status of basic jobs can be halted and even reversed. Successive governments have prioritised widening access to higher education to try to drive social ...

18 Helmi 201328min

Creative Destruction

Creative Destruction

In the last few weeks a number of high street names have closed for good. In Analysis Phil Tinline asks whether, amid the gloom, there is a reason to celebrate. The economist Joseph Schumpeter first c...

11 Helmi 201328min

The Alawis

The Alawis

The government of President Assad of Syria is under threat. So too is the secretive Shia sect known as the Alawis - or Alawites - to which he and many of the governing party and security officials bel...

4 Helmi 201328min

A Scottish Pound?

A Scottish Pound?

The cash question facing an independent Scotland. Chris Bowlby discovers the key role of currency in debate ahead of the Scottish referendum next year. With the SNP proposing to keep using sterling if...

28 Tammi 201328min

The Rise of Executive Power

The Rise of Executive Power

In the battle over rewards at work, workers grew accustomed to winning a healthy share of the spoils during the 1960s and 1970s - and to being accorded high status. Since the 1980s, however, the power...

21 Tammi 201328min

Green Shoots from the Arab Spring

Green Shoots from the Arab Spring

With the downfall of the former Egyptian president, Hosni Mubarak, political change has already happened in Egypt. But how has such a revolution affected the mindset of ordinary people in the region?I...

12 Marras 201228min

Left Turn to Catholic Social Teaching?

Left Turn to Catholic Social Teaching?

Catholic Social Teaching embodies a tradition of thought which goes back to Aristotle; yet its proponents say that it offers the sharpest critique of rampant capitalism in our present time. Charting ...

5 Marras 201228min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
rss-podme-livebox
otetaan-yhdet
et-sa-noin-voi-sanoo-esittaa
rss-vaalirankkurit-podcast
rss-asiastudio
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-tekkipodi
io-techin-tekniikkapodcast
linda-maria
the-ulkopolitist
rss-polikulaari-humanisti-vastaa-ja-muut-ts-podcastit
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
rss-merja-mahkan-rahat