…which might now include the idea that
raising interest rates does not necessarily dampen down inflation, as the Bank of England has belatedly discovered this week when prices surged again despite / because of another interest rate hike. A review of ideological orthodoxies is in order, and
this overview from the New York Times on the era of globalisation and the fallacious assumption of the inherent superiority of the free market over state directed economics, is decent enough, though inevitability maintains ideological blindspots in other areas which urgently require equivalent examination. That too will come, in time, probably again when it is too late. Have a read though, and have a think