: Prof. Lord Robert Skidelsky lectured on Keynes's General Theory of Employment, Interest, and Money on 10th May 2016 at Gdańsk University of Technology. The lecture was a part of the fourth instalment of Economy/Culture/Values Conference, organized by the Faculty of Management and Economics since 2013. The lecture was to commemorate the 80th anniversary of publication of Keynes's groundbreaking work and reconsider its significance and influence on both today's economy and economics.
Read More »Slouching Toward Trump
LONDON – The Republican establishment has gone into overdrive to present President-elect Donald Trump as a guarantor of continuity. Of course, he is nothing of the sort. He campaigned against the political establishment, and, as he told a pre-election rally, a victory for him would be a “Brexit plus, plus, plus.” With two political earthquakes within months of each other, and more sure to follow, we may well agree with the verdict of France’s ambassador to the United States: the...
Read More »Episode 26 – How Much is Enough? Money and the good life – Robert Skidelsky
What is the true value of money? What is a good life? Do we work long hours merely to make more money? Professor Lord Robert Skidelsky, Warwick University, will address these questions and others, drawing on examples from his recent book to explore the existence of the good life and how we can strive to live it. For more info on events please check out our website http://www.cafeculturenortheast.org.uk Or Follow Us on Facebook https://www.facebook.com/cafeculturenortheast/?fref=ts
Read More »The Case for UK Import Substitution
LONDON – The most dramatic economic effect of the United Kingdom’s Brexit vote has been the collapse of sterling. Since June, the pound has fallen by 16% against a basket of currencies. Mervyn King, the previous governor of the Bank of England, hailed the lower exchange rate as a “welcome change.” Indeed, with Britain’s current-account deficit running at over 7% of GDP – by far the largest since data started being collected in 1955 – depreciation could be regarded as a boon. But...
Read More »Helicopter Money Is in the Air
LONDON – Fiscal policy is edging back into fashion, after years, if not decades, in purdah. The reason is simple: the incomplete recovery from the global crash of 2008. Europe is the worst off in this regard: its GDP has hardly grown in the last four years, and GDP per capita is still less than it was in 2007. Moreover, growth forecasts are gloomy. In July, the European Central Bank published a report suggesting that the negative output gap in the eurozone was 6%, four percentage...
Read More »Ricardo Paes Mamede, Teodora Cardoso e Robert Skidelsky – Estamos Condenados a viver em crise
“Nem tudo o que brilha é ouro” O Mercador de Veneza Estamos condenados a viver em crise? Ricardo Paes Mamede, Robert Skidelsky, Teodora Cardoso. Moderação: Graça Franco. Repetimos diariamente que vivemos em crise – mas em que época o mundo viveu arredado da ideia e da experiência da crise? A crise será consubstancial à natureza humana? A actual crise económica não decorrerá de uma crise de valores – da quebra do valor da confiança e do conceito de bem comum que, segundo os primeiros...
Read More »03 Robert Skidelsky (University of Warwick)
'Austerity in times of crisis: 1929 vs 2008' ISIGrowth CONFERENCE – Europe beyond austerity: a discussion on how to restore innovation-fuelled growth. Brussels, 1-2 June 2016
Read More »The Scarecrow of National Debt
Most people are more worried by government debt than about taxation. “But it’s trillions” a friend of mine recently expostulated about the United Kingdom’s national debt. He exaggerated a bit: it is £1.7 trillion. But one website features a clock showing the debt growing at a rate of £5,170 per second. Although the tax take is far less, the UK government still collected a hefty £533.7 billion in taxes in the last fiscal year. The tax base grows by the second, too, but no clock shows...
Read More »A tweak to helicopter money will help the economy take off
Theresa May, the UK prime minister, has all but repudiated the economic policies of the previous chancellor of the exchequer, George Osborne. She has promised an “industrial strategy to get the whole economy moving”. What form should a renovated economic strategy take? The immediate problem to overcome is the uncertainty engendered by the Brexit vote. What weapons exist to fight it? Mr Osborne’s target of eliminating the budget deficit by 2019-20 has already been abandoned, but adding...
Read More »The Failure of Free Migration
LONDON – The horrendous attack by a French-Tunisian man on a crowd in Nice celebrating Bastille Day, which killed 84 and injured hundreds more, will give National Front leader Marine Le Pen a massive boost in next spring’s presidential election. It doesn’t matter whether the murderer, Mohamed Lahouaiej-Bouhlel, had any links to radical Islamism. Throughout the Western world, a toxic mix of physical, economic, and cultural insecurity has been fueling anti-immigration sentiment and politics...
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