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INFLATION IS ABOUT MORE THAN MONEY

Economics, Politics and the Social Fabric

Picked by Martin Wolf as one of his “Best summer books of 2025: Economics” in the Financial Times


Selected by Jason Cowley as a "New Statesman Book of the Year 2025"

INFLATION IS ABOUT MORE THAN MONEY
Genre:

Economy & Politics

Author:

Brian Griffiths

Publisher:

LPP

Language:

English

AUTHOR BIO:

Lord (Brian) Griffiths of Fforestfach was professor of banking and international finance at City University and dean of the City University Business School. A former member of the Court of Directors of the Bank of England who later served as head of the Number 10 Policy Unit, he is now a member of the House of Lords.

Pages:

182

Publication:

2025

Rights available:

All except Chinese and Japanese

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DESCRIPTION:

In Inflation Is About More Than Money, Brian Griffiths charts recent history and policy developments with regard to inflation. He sees inflation as a moral problem: a form of taxation and deceit that those in positions of authority should always seek to address. Considering a range of theoretical approaches to inflation, he advances a pragmatic monetarist approach and offers a series of concrete recommendations for both dealing with inflation and protecting against it in the future. In addition, the author examines the cultural factors at play, such as disillusionment with democracy and social fragmentation. He argues for the importance of a shared moral framework, or “sacred canopy”, to underpin our collective purpose and provide a foundation for economic, social and political stability. Accessible and engaging, Inflation Is About More Than Money will appeal to those who are interested in questions of wealth and poverty, the role of central banks and politicians, responsible economic management, and the importance of moral values in economic and political life.

REVIEWS:

‘A wonderfully clear and concise account of everything you needed to know about inflation which should be read by every citizen.’ — Mervyn King, former governor of the Bank of England ‘Over the past few years, as the cost-of-living crisis has forced many to choose between eating and heating, people have woken up to the huge social as well as economic costs that can be caused by inflation. In this important book, which should be read by those of all political persuasions, Lord Griffiths challenges policy-makers and central banks not to underestimate the serious ethical and moral issues raised.’ — Rt Hon Ruth Kelly, former Labour Cabinet Minister in the Blair and Brown governments ‘Drawing on his extensive experience in academia, government and the world of finance, Lord Griffith...

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