Prices in a crisis
IFS Zooms In: The Economy
English - November 17, 2020 03:00 - 34 minutes - 27.3 MBNews Commentary News Politics economy economics covid-19 brexit inequality recession facts news paul johnson Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
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We often hear about inflation in the news, whether it has gone up or down, and how this impacts the price of everyday goods. But what do economists mean by inflation, how do they measure it, and is inflation the best way of understanding the changes in the price of goods? This week we speak with Martin O'Connell, Deputy Research Director at IFS and author of a recent paper looking at grocery prices during the pandemic, and Ian Crawford, Professor of Economics at Oxford.
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