This is the video of my debate on “Why isn’t poverty history yet” at the Battle of Ideas festival in London in October (Jonathan Portes, pictured). Thanks to Worldwrite for producing the video and in particular for cutting out the background noise of birds tweeting in the Barbican Centre auditorium.
The importance of ideas in understanding economic developments is both overestimated and underestimated. It is overestimated in that the overwhelming impulse of mainstream politicians today is to be pragmatic. That applies as much to David Cameron and Ed Miliband or to Barack Obama as to Mitt Romney. Of course they will sometimes modify their rhetoric [...]
This Perspective column was first published in today’s edition of Fund Strategy. It is hard to imagine many things more annoying than someone who thinks their ideas are deep and original when in reality they are banal and derivative. Purveyors of behavioural economics generally fit the bill. Although behavioural economics has several high profile exponents, [...]
This is the Frontline Club’s blog post on yesterday’s event. In my view it one-sidedly downplays criticism of the documentary.
This is my account of yesterday’s debate on the Four Horsemen documentary. An earlier version appeared as a blog post on the Fundweb web site. Last night I participated in a debate that reminded me of one of the main misconceptions in contemporary economics: that free market thinking is influential. The occasion was a debate [...]
This is the video of a debate I took part in last night at the Frontline Club last night (see 24 May post). I will be writing more about it shortly.
This is my latest column for Fund Strategy It was so strange I had to pinch myself to check if I was having a bizarre nightmare. There was Michael Sandel, philosopher and celebrity academic, denouncing traded life policies – or what he called “death bonds” – on a BBC television programme. To make the package [...]
“The key question hanging over the West now is ‘how do you allocate pain?’”. These were the words of Gillian Tett, the US managing editor of the Financial Times and ubiquitous media presence, in last night’s BBC2 Newsnight programme (six days left to view). As a description of the current mindset of the western elites [...]
Today I appeared on the Russia Today TV channel to discuss the significance of the appointment of Christine Lagarde as the new heard of the International Monetary Fund.
This is my latest comment from Fund Strategy. One of the most peculiar aspects of contemporary political debate is the widespread insistence that free market ideas are dominant. Whether or not an economy based on such policies would be desirable it is a poor description of what actually exists. I was reminded about this prejudice [...]
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