Well, you have to, don’t you. There they are, inheritors of an economic tradition which suggests that they can only use interest rates to tweak…
System renewal. Challenging established notions. Reimagining our societies.
System renewal. Challenging established notions. Reimagining our societies.
Tag: Bank of England
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Monetary systems have to address conflicting problems which make any design a compromise. A monetary system needs to make sure that the quantity of money…
I was recently chatting to the chairman of a FTSE 100 company. I suggested that the UK economy reminded me of a failing company in…
Joe Zammit-Lucia, Radix Trustee and Ismail Erturk will participate in a workshop organized under the auspices of The M.S Merian International Centre of Advanced Studies…
The exhausting general election campaign confirms what was in effect Parkinson’s Third Law. His more famous first law is known by almost everybody – that…
At his press conference announcing the Bank of England’s Inflation Report in February this year, Governor Mark Carney joked that the central bankers’ 15 minutes…
In June last year, we published a paper on the Bank of England’s Quantitative Easing Programme. In our report we showed that the program as…
Letter to the Editor published in The Economist, 12 November 2016 The issue of central-bank independence is a complex and difficult one (“Hands off”, October…
In our report on Quantitative Easing, we urged for a debate on the effects of monetary policy and what is the appropriate approach to central…
“The objectives are what are set by the politicians. The policies are done by technocrats. We are not going to take instruction on our policies…
Recommendations made by Radix in a report titled “Quantitative Easing: the Debate That Never Happened” have become government policy. In our report we outline the…
Text of letter published in the Financial Times on 8 August 2016. Original FT Letter here. Sir, The Bank of England has given us more of…
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