A more hands on approach from the government in order to tackle inflation is being urged by the Council of Trade Unions.
CTU economist Craig Renney says short sighted governments haven't helped with the long-standing problem of rising prices, and a new legal framework could be the cure.
He says government agencies should be legally required to be more forward thinking, and understand the damage their policies might have in future.
Renney spoke to Gyles Beckford.
