The IEA Book Club is delighted to have the privilege of hosting renowned British Economist Charles Goodhart and Manoj Pradhan for an upcoming webinar, discussing their latest book “The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival”. This webinar will take place on Thursday 12th November at 18:00 GMT, and will be chaired by Professor Philip Booth, IEA Senior Research Fellow.

Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others

This event is strictly for IEA Book Club members. For more information on the Book Club please feel free to contact us with any questions at bookclub@iea.org.uk