Is it time for a Victorian inflation measure?
Do we need a basket of consumer assets?
Sir Samuel Brittan in “It’s not he labour market, stupid” (September 22) talking about what his Victorian forebears did is sort of hinting at the need for a new inflation measure that instead of measuring the value of a basket of consumer goods just in term of dollars, pounds and what have you should also measure it in terms of a basket of consumer assets. Though perhaps too Victorian for many, it might not be a bad idea.
Samuel Brittan inflation
Sir Samuel Brittan in “It’s not he labour market, stupid” (September 22) talking about what his Victorian forebears did is sort of hinting at the need for a new inflation measure that instead of measuring the value of a basket of consumer goods just in term of dollars, pounds and what have you should also measure it in terms of a basket of consumer assets. Though perhaps too Victorian for many, it might not be a bad idea.
Samuel Brittan inflation
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