Top UK economist to deliver Lancaster University public lecture

One of the UK’s most prominent and respected economists is heading to Lancaster University Management School (LUMS) to deliver one of the highlight public lectures of the year.

Andrew Haldane is the chief economist at the Bank of England, a member of the Bank’s Monetary Policy Committee and chair of the government’s Industrial Strategy Council. He has been widely cited as the Bank of England’s leading expert on financial stability and has authored articles and books on subjects such as central bank independence and international financial crises.

Mr Haldane will deliver the 2019 Esmée Fairbairn Lecture, entitled ‘Central Bank Communications’. He will be accompanied by the director and the deputy director of the Bank of England Agency for the North West.

The lecture, which will last 50 minutes, followed by a 20-minute question and answer session, is hosted by the LUMS Economics Department.

Professor Ivan Paya, director of the UK Housing Observatory within the Economics Department, said: “Andy Haldane’s lecture is a great opportunity to learn about one of the increasingly important instruments of monetary policy: Communication. A better understanding of Central Bank actions strengthens public confidence in its ability to fulfil its task of ensuring price and financial stability. This is therefore a topic of interest to all of us.

“Communication serves to steer expectations and policy is more efficient the better those expectations are steered in line with the monetary policy mandate.”

As well as his role within the Bank of England, Mr Haldane is the founder and trustee of Pro Bono Economics, a charity which brokers economists into charitable projects; a trustee of National Numeracy; and Patron of the charities Reach and Speakers for Schools.

The Esmée Fairbairn Lecture Series, supported by the Esmée Fairbairn Foundation, has been running since 1981, attracting eminent speakers from business, politics – including former Chancellor of the Exchequer, Lord Roy Jenkins – think tanks, the media and academia.

 The 2019 Esmée Fairbairn Lecture takes place on Wednesday, October 16, in Lancaster University Management School, from 5.30pm.