De-growth Discussion 3: inflation, deflation or (probably) stagflation

Could the decline of the UK economy in the late 1970s have causes other than overly-greedy trade unions? What’s the connection between North Sea Oil and the growth of the UK’s network of offshore tax havens?

What are some of the different ways in which a contracting economy would bring about a redistribution of wealth, and which of these ways would be preferable?

Tim Watkins and Brian Davey discuss these and many other topics in this exploration of the relationship between energy and inflation in the modern economy, and the risk from economic models which fail to account for declining energy.

This is Part Three of the ‘de-growth discussions’ series. You can also watch Parts One and Two. Thanks as always to Tim Watkins for editing and uploading the video.

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