1 Table of Contents SUMMARY 1 TABLE OF CONTENTS 2 THE CHART 3 INTRODUCTION 4 THE COST OF REGULATION 5 OTHER FACTORS 6 REFERENCES 7 About the author Matthew Lesh is the Director of Public Policy and Communications at the Institute of Economic Affairs. [...] He is also a Fellow of the Adam Smith Institute and the Institute of Public Affairs. [...] The immediate causes of the cost of living crisis are well understood: excessively loose monetary policy from the Bank of England, COVID-related supply chain issues, and Russia’s invasion of Ukraine, and now the Red Sea crisis. [...] Inflation is most often quoted as a single figure: the change in the Consumer Price Index, which is the average change over time in the total cost of a basket of goods and services. [...] (2019) Regulation and poverty: an empirical examination of the relationship between the incidence of federal regulation and the occurrence of poverty across the US states, Public Choice, 180(1), pp.
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