Economists still don't know what causes inflation? Is it, today, a nice problem to have? Can Johnson keep his electoral coalition intact?

Leading economist Duncan Weldon once again joins The Other Hand to discuss the issues of the day.In his own recent substack post Duncan noted that an ex-Chief Economist of the Bank of England recently stated that ‘economists have no general theory of inflation’. When you think about it, that’s quite a statement.The UK budget revealed another shape-shift for the Tory party. A Chancellor who believes borrowing is ‘immoral’ nevertheless wants to spend a lot of borrowed money. And is raising taxes. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.

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Economics and finance demystified.A recent listener's comment:"I first heard about ChatGPT on your podcast and immediately started using it. I’m 73 and wrote my first program at 16. Having witnessed all developments in computing down the years I think this is the greatest since www. Your pod is informative in many different areas, politics, economics, society changes, housing crisis etc but at times goes beyond that. This episode tying up all this but also the implications of AI with a knowledgeable guest. ENTHRALLING! Keep it coming."cjpeconomics.substack.com Become a member at https://plus.acast.com/s/the-other-hand-with-jim.power-and-chris.johns. Hosted on Acast. See acast.com/privacy for more information.