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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.

Their 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.

The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival by Charles Goodhart and Manoj Pradhan, published by Palgrave Macmillan, can be ordered here.