Lectures and Conferences
Every Autumn since 2016, the Institute of International Monetary Research has hosted a all-day conference addressing topical economic issues from a monetary perspective which have featured distinguished speakers from across the world.
With the exception of 2020, the conferences have been preceded by a public lecture by a senior figure from the world of economics or banking, held in a London venue.
Click on the links to go to a recording of the speaker on our YouTube channel.
These events are free to attend, but spaces are limited. Click on the button below to view and register for forthcoming public lectures and conferences.
The widespread failure of central banks to control inflation
Tuesday 25th October
Speaker: Professor Willem Buiter: The widespread failure of central banks to control inflation
Did central banks react correctly to the covid-19 pandemic?
Thursday 27th October
Ricardo Reis (LSE): What can keep inflation high?
Paul de Grauwe (LSE): Macroeconomic models and central bank inflation projections in 2020-21
Charles Goodhart (Financial Markets Group): A snapshot of central bank (two-year) forecasting
Juan Castañeda (IIMR): Money, inflation and monetary equilibrium
Michael Oliver (Open University): Nonmonetary and monetary explanations for inflation: the UK in the 1970s
John Greenwood (International Monetary Monitor): The flaws in the monetary policy strategy of the Bank of England in 2020-21. What policies can we expect in 2022-23?
James Ferguson (MacroStrategy): A discussion on the policy options for the Bank of England to rein in inflation
Monetary policy in a world of radical uncertainty
Tuesday 23rd November
Speaker: Lord Mervyn King (Former Governor of the Bank of England): Monetary policy in a world of radical uncertainty
Will more inflation follow Covid-19? And what does that say about contemporary economics?
Wednesday 1st December
John Greenwood (Invesco) and Steve Hanke (Johns Hopkins University): Monetary growth and inflation in leading economies
Kent Matthews (University of Cardiff): Monetary growth and inflation in leading economies
Juan Castañeda and Tim Congdon (IIMR): The 2020 money supply explosion and the return of inflation: explanation and discussion
Michael Kumhof (Bank of England): The Chicago Plan revisited: The macroeconomics of Sovereign Money
William Allen (NIESR): QE and inflation: Is QE always wicked?
Victor Murinde (University of London): How should developing countries react to the current upsurge in global money growth?
Scott Sumner (Mercatus Center, George Mason University): The Great Forgetting: is inflation caused by irresponsible monetary policy or excess monetary growth?
Robert Hetzel (Mercatus Center. Formerly, Federal Reserve Bank of Richmond):
New Keynesianism in central banking: friend or foe?
No Public lecture was held
The return of inflation? Lessons from history and analysis of Covid-19 crisis policy responses
Wednesday 28th October (online)
Charles Goodhart (Financial Markets Group) and Manoj Pradhan (Talking Heads Macroeconomics): Effects of the changing trends in demography and globalisation on inflation
Michael Bordo (Rutgers University): Do enlarged government deficits cause inflation?
Lars Christensen (Markets and Money Advisory/University of Copenhagen): Recovery and inflation scenarios for the USA in 2021
Robert Hetzel (Mercatus Center. Formerly, Federal Reserve Bank of Richmond): The US Fed's response to Covid-19 crisis as compared to the Global Financial Crisis
George Selgin (Cato Institute): The Fiscal and monetary response to Covid-19: what the Great Depression has (and hasn't) taught us
Juan Castañeda and Tim Congdon (IIMR): The money-to-equities channel, or why monetary policy can never be exhausted
Geoffrey Wood (University of Buckingham) and Forrest Capie (Cass Business School): Debts, deficits, central banks and inflation. What insights can history provide for central banks hit by large rises in government debt?
The case for the reinstatement of fiscal policy
Tuesday 12th November
Speaker: Lord Robert Skidelsky (University of Warwick): The case for the reinstatement of fiscal policy
Fiscal policy vs monetary policy: which is best?
Wednesday 13th November
Tim Congdon (IIMR): Monetary policy vs fiscal policy
Dirk Ehnts (Technical University, Chemnitz: MMT: Blessing or curse?
Bill Robinson (KPMG): A macroeconomic policy without fiscal activism in Britain (1976 – 2008); an assessment
José Manuel González-Páramo (BBVA): How can fiscal policy contribute to price stability?
Paul de Grauwe (LSE): Fiscal policies in booms and busts
Milton Friedman's influence re-assessed
Monday 12th November
Speaker: James Forder (Balliol College Oxford): Milton Friedman's influence re-assessed
Did Milton Friedman matter to British economic policy? Does he still matter?
Tuesday 13th November
Charles Goodhart (Financial Markets Group): The IMF, Friedman and monetarism in the UK
Dimitrios Tsomocos (Said Busiess School, Oxford University): Milton Friedman and macro policy
John Greenwood (International Monetary Monitor): Milton Friedman's views on fiscal policy
Steve Davies (IEA): Milton Friedman and the IEA
Tim Congdon (IIMR): Milton Friedman and the 'which aggregate" debate
Michael Oliver (Open University): Why havewe forotten about monetarism?
Duncan Needham (University of Cambridge): Which M for emphasis?
Peter Jay (Journalist): The rise and fall of Friedmanism
Adam Ridley (Economic advisor to Margaret Thatcher): The early years of the Thatcher government: did they change history?
Eamonn Butler (Adam Smith Institute): The contribution of Milton Friedman to the understanding of Economics in the UK
Tim Congdon (IIMR): Milton Friedman and Chile: a personal retrospective
The committee of public safety: the work of the Financial Policy Committee
Tuesday 7th November
Speaker: Martin Taylor (Bank of England): The committee of public safety: the work of the Financial Policy Committee
Has financial regulation gone too far? And do banks need all the extra capital?
Wednesday 8th November
Marco Schwartz (KPMG): Are small banks safer than big banks?
Thomas Huertas (E&Y, London): What is the right level of banks’ capital/asset ratio in a modern economy?
Bill Robinson (KPMG): On financial regulation and asset prices
David Marsh (OMFIF): The state of play of ECB monetary policy
Rosa Lastra (Queen Mary University): On domestic bank regulation and international authorities
Michael Krimminger (Cleary Gottlieb): Are the Basel rules anti-American?
James Ferguson (MacroStrategy): On bank capital in the USA: Kashkari v Dimon
Tim Congdon (IIMR): Bank recapitalisation; Effects on UK banks
Juan Castañeda (IIMR): Should the central bank be a bank at all?
Brandon Davies (formerly Barclays): Money in theory and practice
Geoffrey Wood (University of Buckingham) and Forrest Capie (Cass Business School): Solvency regulations in Britain (lessons from history)
What have we learnt about money and banking since the Great Recession?
Wednesday 2nd November
Speaker: Charles Goodhart (Financial Markets Group): What have we learnt about money and banking since the Great Recession?
Quantitative Easing: triumph or folly?
Thursday 3rd November
Kevin Dowd (University of Durham): Rethinking unconventional monetary policy
Ryland Thomas (Bank of England): QE and broad money in the Bank of England's research programme
Tim Congdon (IIMR): Why was QE necessary?
Diana Choyleva (Enodo Economics): QE: a palliative or a panacea?
Christopher Neely (Federal Reserve of St Louis): The international experience of QE programmes: an American perspective
George Selgin (Cato Institute): They did it again: The Fed's role in the Great Contraction of 2008