Tag Archives for Mark Carney

Central banking and the governance of the price architecture

Jeremy Green

Monetary policy will not alleviate the injustices of prices in an era of massive inequality With the Bank of England signalling an impending interest rate rise, monetary policy has returned to centre stage.  Since 2008 we have lived through a period of extremely unorthodox monetary policy characterised by unprecedentedly low interest rates. This era of ‘cheap money’ may now be … Continue reading

8 July 2014 by
Categories: Finance, SPERI Comment | Tags: , , , , , | Leave a comment

The ‘carbon bubble’

Dan Bailey

Overvalued fossil fuel assets reveal the ecological limitations of the economic recovery It’s disconcerting that the return to GDP growth may have, for now at least, obfuscated the analysis of the unstable dynamics underpinning Britain’s pre-crash growth model. The insights of numerous political economists have explicated that behind the GDP statistics lay a dysfunctional growth model with tendencies towards financial … Continue reading

1 April 2014 by
Categories: British growth crisis, Climate change, Finance, Politics and policy, SPERI Comment | Tags: , , , , , , , , , , , , , , , , | Leave a comment

Why did nobody see ‘it’ coming? And what is ‘it’?

Andy Hindmoor

Systemic risk was the real culprit in the 2008 financial crisis and, with banks continuing to borrow huge amounts, the dangers are still there Why did nobody see it coming? Queen Elizabeth famously asked this question when visiting the London School of Economics in 2008. Along with Allan McConnell at the University of Sydney, I’ve been thinking about the best … Continue reading

10 December 2013 by
Categories: British growth crisis, Finance, SPERI Comment | Tags: , , , , , , , , , , , , , , , , | 1 comment

Scott on BBC Radio Sheffield & Jeremy in the New Statesman

It may be the summer holidays but things at SPERI are still all go. On Tuesday 6 August Scott Lavery. SPERI PhD student, spoke live on BBC Radio Sheffield about the differences between the British and German economies, and what we can learn from the German industrial strategy. Following the recent announcement by Mark Carney on ‘forward guidance’ – Jeremy Green, SPERI Research … Continue reading

8 August 2013 by
Categories: Media | Tags: , , , , , , , | Leave a comment