Description
At the outset, I must declare my involvement in this project: I was invited to comment on the draft chapters and rendered some technical assistance. I have known Brian Griffiths since he was Dean of City University Business School in the 1980s, where I was a member of faculty. Now, as then, his professional activities are permeated by his Christan faith.
His book charts the recent history of inflation and the various policies that have attempted to control it. He sees inflation as a moral problem, not merely an economic headache: a form of deceit and covert taxation that those in positions of authority should always seek to address. In the words of Robert Skidelsky in a commendation of the book, inflation “creates a culture of broken promises that dissolves the social ties necessary for society to cohere and for enterprise to flourish.”
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