A selection of papers presented at IIMR conferences and public lectures.
Flaws in the monetary policy strategy of the Bank of England in 2020-21. What policies
can we expect in 2023?
By John Greenwood
John is the founder and Chief Economist of International Monetary Monitor Ltd, a macroeconomic consulting firm. He has been a member of the committee on Currency Board Operations of the Hong Kong Monetary Authority since 1998. He is also a member of the Shadow Monetary Policy Committee in England and serves on the board of the Hong Kong Association in London.
This paper was delivered at the IIMR Annual Monetary Conference at the University of Buckingham on October 27, 2022.
The widespread failure of central banks to control inflation
by Willem Buiter
Professor Buiter is one of today’s most influential commentators on the financial scene. A former Professor of Economics at the LSE, Cambridge University, Yale University and University of Bristol, and former External Member of the Monetary Policy Committee of the Bank of England, Professor Buiter is currently Adjunct Senior Fellow at the Council on Foreign Relations, New York.
This is a revised version of the lecture delivered in London on 25 October 2022 at the Royal Automobile Club, London.
Monetary policy in a world of radical uncertainty
by Lord Mervyn King
This paper was delivered on the 23rd of November 2021, as part of IIMR's Annual Lecture series, in the Royal Automobile Club in London.
Mervyn King served as Governor of the Bank of England from 2003 to June 2013. He was knighted (GBE) in 2011, made a life peer in 2013, and appointed by The Queen to be a Knight of the Garter in 2014.
Lord King is the Alan Greenspan Professor of Economics and Professor of Law at New York
University and Emeritus Professor of Economics at the London School of Economics.
In 2016 he published The End of Alchemy. With a new preface, it appeared in paperback in 2017, and has been translated into many languages. His new book (with John Kay) Radical Uncertainty was published in
What should central banks do in a great financial crisis?
by Professor Forrest Capie
This paper was delivered in two parts on 24th September and 1st October as part of the Institute of International Monetary Research's Autumn 2020 lecture series. Professor Capie is a member of the IIMR Academic Advisory Council and Emeritus of Economic History at the Cass Business School City University, London.
The case for fiscal policy restated
by Lord Robert Skidelsky
This paper was delivered on 12th November 2019 as part of the fourth conference held by the Institute of International Monetary Research. Lord Skidelsky is Emeritus Professor of Political Economy at the University of Warwick and is the author of a three-volume biography of John Maynard Keynes.
What have we learnt about money and banking during and since the Great Recession?
by Professor Charles Goodhart
This paper was delivered on 2nd November 2016 as part of the first conference held by the Institute of International Monetary Research. Professor Goodhart is Emeritus Professor of Banking and Finance at the London School of Economics and was a member of the Bank of England's Monetary Policy Committee from 1997 until 2000. He has written six books on the subject of money and banking.