1. Why does inflation happen and what can be done about it?
Vicky Pryce
Chief economic adviser at the Centre for Economics and Business Research and co-author with Andy Ross and Peter Urwin of It’s the Economy, Stupid: Economics for Voters (Biteback)
Inflation is an increase in the price of goods and services in an economy. High inflation means, effectively, that people can buy less with their money. This can happen for a number of reasons: a…
