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Welcome to BBC Radio 4 listeners

Monkey with a Pin featured in the BBC Radio 4 program How You Pay For The City on Saturday 3rd August 2013. You can hear the program here.

More info:

More blogs on GDP deflator issue highlighted in the book

Two bloggers today have picked up on the problems with the GDP deflator highlighted in the book in Chapter 9.

Shaun Richards at Mindful Money:

Merryn Somerset Webb  at MoneyWeek.
Merryn also includes a graph clearly illustrating the problem with the defaltor in the last years which I raised, ie

GDP vs NGDP deflated by RPI. Source: MoneyWeek

I have added more information about the reasons for the discrepancy to both blogs in explanation. You can read my comments here.