What is inflation, why does it matter, and is someone to blame if it goes up? Understanding inflation will help you understand why your shopping is getting more and more expensive and why prices rarely seem to come down. Tim Harford explains why the inflation figure you see on the TV might not reflect the price rises you’re experiencing and economic historia ... Show More
Nov 2022
The Economy: 3. Economic Growth and GDP
What is economic growth, and what happens if there isn’t any? And what does that GDP figure stand for? Tim Harford explains how and why we measure everything.
If the economy stops growing, that could mean things like job cuts, so measuring what’s going on is crucial. In this epis ... Show More
15m 1s
Nov 2022
Bonus Episode: Understand the Economy
Tim Harford brings you the first episode of his new podcast, Understand the Economy. If you’ve been missing his dulcet tones, here’s a chance for you to have a preview of Tim Harford’s latest podcast, in which he offers really simple explanations to help make sense of the economy ... Show More
14m 32s
Nov 2023
Forward Thinking on why we ignore inflation—from ancient times to the present—at our peril with Stephen King
<p>Co-host Janet Bush talks with Stephen King. King is a senior economic advisor to HSBC, having served as the bank’s group chief economist from 1998 to 2015. His latest book, very prescient in timing, is <em><a href="https://yalebooks.co.uk/book/9780300270471/we-need-to-talk-abo ... Show More
46m 30s