The fundamental problem with reducing inflation is the hollowed-out middle between those that are best and least able to withstand the financial burden: households saddled with unavoidable expenses and limited savings. Millions are forced to choose between heating and eating. This problem is the result of 50 years of growing inequality.
Climate change action is a collective action By Meghnad Desai There is a serious global paralysis when it comes to climate change. We know the danger. We know how to avoid the danger. We promise to do so. But we never do. It is a failure of collective will.Read the full commentary here.
ON DEMAND Avoiding a debt crisis Neil Williams, chief economist and Taylor Pearce, economist at OMFIF, discuss what the forces driving government funding costs will be, whether there are other measures available and how they might suit the UK.Listen to the podcast here.