During my adult life, I have never experienced what it’s like to live in a “good” economy. Starting with the global financial crash in 2008, which hit just as I began studying economics, the world seems to have lurched from crisis to crisis and the UK economy even more so.
Some of those crises, like the crash and COVID, are sudden shocks. Others have been more gradual, such as increasingly unaffordable housing or the rising dominance of the world’s ultra rich.
As I explore in my new book, Why We’re Getting Poorer, the result of these crises is an economic system which works for some much more than it does for others. Here are four reasons why you may be feeling let down.
