"supporting and encouraging high quality economic, financial and business journalism"

The Wincott Foundation was set up in 1969 in honour of Harold Wincott, the most distinguished economic journalist of his day in the UK. The current chairman is Sir Richard Lambert, chairman of the trustees of The British Museum and former editor of the Financial Times. Sir Richard is supported by a group of trustees who have backgrounds in business, journalism and academia.

THE 2017 HAROLD WINCOTT MEMORIAL LECTURE

"Central Banks after the Great Recession"

The 2017 Harold Wincott Annual Memorial Lecture, entitled "Central Banks after the Great Recession", was given on Tuesday, 28 November, 2017 at Chatham House by Sir Charles Bean, Professor of Economics at the London School of Economics.

Photo left: Professor Sir Charles Bean.

"The line between monetary and fiscal policies has become more blurred. And persistently low interest rates and the asset-price effects of QE have focussed attention on the distributional consequences of monetary policy."

To view or download a full text of Professor Bean's lecture, click here. To view or download Professor Bean's PowerPoint slides, click here.

Professor Bean's lecture was followed by a response from the Rt Hon Ed Balls, former shadow chancellor of the exchequer.

"The concentration of power in the Bank [of England] and the personalised nature of aspects of the role makes the job harder and the risk of conflict with the Government greater than necessary"

Photo left: The Rt Hon Ed Balls.

To view or download a full text of The Rt Hon Ed Balls' response to the lecture, click here.

An audio transcript of the entire event, including the introduction by Dame Frances Cairncross, the lecture by Professor Sir Charles Bean, the response by The Rt Hon Ed Balls and the question-and-answer session can be found on the Chatham House website here.



Discussion of Professor James's lecture and Professor Tombs's response.

If you wish to comment on Professor Bean's lecture or the Rt Hon Ed Balls' response, you may send your submission for publication here to:

Ian Rodger
Secretary
The Wincott Foundation
secretary@wincott.co.uk

or follow us on Twitter

@wincottfound

THE TRUSTEES
SIR RICHARD LAMBERT (Chairman)
SIR GEOFFREY OWEN
PROF IAN HARGREAVES CBE
JOHN O'HIGGINS
DANIEL WINCOTT
DAME FRANCES CAIRNCROSS
RUPERT PENNANT-REA
CHRISTOPHER HIRD
BRONWEN MADDOX
BILL ROBINSON
ELIZABETH WINCOTT HECKETT

Contact our Secretary, Ian Rodger, at secretary@wincott.co.uk
© The Wincott Foundation 2012
Registered Charity 313770