The Price Shock

Prices are rising - but are we heading into an unprecedented economic period? So far, wages haven't yet followed. How different is what's going on now from the conventional boom and bust cycle? Evan Davis and guests discuss.
Guests:
Dr Jennifer Smith, Associate Professor of Economics, Warwick University
Professor Michael McMahon, Oxford University
Sonali Punhani, UK Chief Economist at Credit Suisse

Producer: Julie Ball
Production Coordinators: Sophie Hill and Siobhan Reed
Sound: Rod Farquhar
Editor: Hugh Levinson

Produced in association with the Open University