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Articles on Inflation

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Bank of England governor Andrew Bailey, like other central bank heads, has been trying to see a way through a recent inflation crisis. PA Images/Alamy Stock Photo

Inflation has affected the UK, US and Europe differently – here’s what this means for interest rates

The UK, eurozone and US inflation stories have diverged, which means each economy is now fighting a distinct battle with prices rises, which could require very different weapons.
The social and financial costs of policing food theft are higher than the costs of addressing poverty and income inequality. (Shutterstock)

Policing is not the answer to shoplifting, feeding people is

The food theft crisis is framed as a threat to paying customers. This furthers the divide between those who can still afford groceries and those who cannot.
UK chancellor, Jeremy Hunt, with his 2023 Autumn Statement. Simon Walker/No 10 Downing Street/Flickr

Autumn statement: experts react to national insurance and business tax cuts

National insurance cuts and business investment were all included, as was the pensions triple lock. But our experts saw some omissions.
A man butters a dinner roll as he eats a Thanksgiving meal at the Ottawa Mission in Ottawa in October 2023. Food insecurity is on the rise in Canada, particularly in households with children. THE CANADIAN PRESS/Justin Tang

Food insecurity in Canada is the worst it’s ever been — here’s how we can solve it

The persistence of food insecurity in Canada is a policy choice. By not doing more to improve the adequacy and stability of household income, governments are choosing to let food insecurity fester.
Bank of Canada governor Tiff Macklem holds a news conference at the Bank of Canada in July 2023. THE CANADIAN PRESS/Sean Kilpatrick

Interest rates: Monetary policy is always political as central banks opt to back the financial sector

Why is monetary policy outside the realm of politics? What are the social ramifications of our current monetary policy system? What alternatives exist?

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