Macroeconomics
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The Consequences of a Leaderless Economy
Mar 26, 2013
What happens when there’s no leader in the global economy?
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Russia to the Rescue of Cyprus?
Mar 20, 2013
There is a certain rich irony attached to the sight of corrupt Russian oligarchs now posing as liberal champions of the rule of law as they find themselves sucked into the maelstrom of Cyprus’s ongoing financial crisis.
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Fixing finance: The missing piece in banking reform
Jan 10, 2013
Eric Beinhocker and Tony Dolphin argue that lasting reform to the financial sector will not be achieved without tackling the price rigging and anti-competitive behaviour that is rife in the industry.
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Years granted:
2011, 2012, 2013
Policy Implications of Darwinian Versus Newtonian Views of the Economy
This research project considers and casts doubts on the stationarity properties of macroeconomic data that are key to New Classical models with implications for the understanding of long-term economic growth, shorter term business cycles, stabilization policy, and industrial and development policy.
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A Conversation on the Economy
Oct 24, 2012
What do you get when you put two of the most well known and most widely cited economists in the world, both Nobel laureates, on stage together? A healthy dose of economic reality.
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Andy Haldane asks: What have the economists ever done for us?
Oct 9, 2012
What makes a good model?
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What About the Questions That Economics Can’t Answer?
Sep 24, 2012
Can economics be morally centered? And perhaps more importantly, should it be?
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Paul de Grauwe: The ECB Can Save the Euro – But It Has To Change Its Business Model
Jul 29, 2012
In what sense are central banks really independent? From whom are they independent? For whom in society do they deliver?
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The ECB Can Save the Euro – But It Has To Change Its Business Model
Jul 29, 2012
How must the European institutional structure be modified to fortify the euro zone?
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Maynard's Revenge: A Review
May 21, 2012
The Collapse of Free Market Macroeconomics
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Conference paper
Revitalizing the Eurozone without Fiscal Union
Apr 2012
The ongoing eurozone crisis has prompted many to argue that monetary union withoutfiscal union was bound to fail.
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Overhangs, Uncertainty and Political Order: Where Do We Go From Here?
Apr 13, 2012 | 03:15—05:15
Leading thinkers from outside the developed countries look to the future, spotlighting the pitfalls and opportunities thatawait us.
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Conference paper
Financial Instability after Minsky:Heterogeneity, Agent Based Models and Credit Networks
Apr 2012
Albeit the majority of the profession either ignores Minskyís Financial Instability Hypothesis (FIH) or considers it plainly wrong, at least since the mid-80’s a few influential economists —who have certainly not embraced any unorthodoxcredo —have grown more receptive to this idea and eager to incorporate it in their models, even if diluted and sometimes disguised in order to make it more palatable to the conventional “representative” macroeconomist
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Conference paper
Andrew Haldane: Financial Arms Races
Apr 2012
Elephant seals have got too big for their beaches. A large specimen might weigh over 8000 lbs (3700 kg).Their size has a simple evolutionary explanation. Large males fight for the right to mate with a whole beach full of females. For elephant seals it is, quite literally, winner-takes-all. And the key to winning is simple – size.
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Conference paper
Real vs. Imagined Financial Markets The Regulatory Challenge
Apr 2012
We have grown accustomed to regulating financial markets based on imagined, not real markets. Real markets are shaped by and co-evolve with institutional arrangements within two fundamental constraints: Imperfect knowledge and the threat of illiquidity.