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Spikes and stagnant growth: why we are where we are

16 July 2022

9:00 AM

16 July 2022

9:00 AM

The Price of Time: The Real Story of Interest Edward Chancellor

Allen Lane, pp.398, 25

We live in discombobulating times, economically speaking. We know we’re descending into the highest inflation for half a century and an almost certain recession. But we don’t know quite how painful it’s going to be and we don’t know how to apportion blame between bad decisions and ‘black swans’. Clearly the coming train crash has something to do with the Covid pandemic and quite a lot to do with the madness of Vladimir Putin.

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