Start / Politics Theory Other / Macrodose inflation austerity and the wage price spiral

Politics Theory Other

Macrodose - Inflation, austerity and the wage-price spiral

18 min • 23 november 2022

On the first episode of Macrodose James Meadway breaks down the the OECD warning that the UK’s growth prospects are the worst of all the G7 countries (1:06); the austerity 2.0 measures of Rishi Sunak’s government (6:05); and the new IMF report on inflation, which debunks the idea that advanced economies, like the UK, are experience rising prices due to an increase in worker pay (13:05).

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