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."
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.