, Columnist
The Ministry of Silly Walks Isn’t Running Britain
The UK has some specific issues contributing to one of the worst inflation rates, but policymakers elsewhere should be heedful. And a pig-in-the-python update.
Cost-of-living crisis.
Photographer: RADEK MICA/AFP via Getty Images
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The British are famous for their idiosyncrasies. They gave the world Monty Python and Benny Hill, after all, along with plenty of Blackadder. They also, at the moment, are burdened with an inflation problem, or “Cost-of-Living Crisis,” that seems more severe than the rising prices elsewhere in the developed world. How much of this can be dismissed as idiosyncratic?