Charles Goodhart is professor emeritus of monetary economics at the London School of Economics. Charles was a member of the monetary policy committee at the Bank of England between ’97 and 2002 and is a fellow of the British Academy.

Manoj Pradhan is the founder of Talking Heads Macro, an independent macro research firm, a former MD in Morgan Stanley’s global macro team, and previously an academic.

The book, The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival, provides a thought-provoking narrative to the drivers of and outlook for inflation. They conclude that the benign inflation environment of the past three decades was made easy by accommodative global demographics and that the turn in demography will present a much more challenging environment for policy makers going forward.

***

About the BCG Henderson Institute

The BCG Henderson Institute is the Boston Consulting Group’s think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.