John Quiggin of the University of Queensland talks to Viv Davies about his recently published book, which describes some of the economic ideas that he believes played a role in creating the global financial crisis. He refers to the Great Moderation, the efficient markets hypothesis, DSGE, ‘trickle-down’ economics and privatisation as ‘zombie’ ideas, which should have been killed off by the financial crisis, yet for some reason still live on in the minds of many economists and policy-makers. The interview was recorded in London in November 2010. [Also read the transcript]
John Quiggin, 03 December 2010
This 3 day conference at St Catherine's College, Oxford University hosts speakers from Oxford, LSE, UCL, World Bank brings together many of the new and emerging themes in the economics of welfare. Theory tracks focus on social choice and welfare, and other related aspects of welfare economic theory and public economics. Empirical/applied tracks focus on policy areas including health, development, social policy, environment, education, poverty reduction, non-monetary measures of economic progress etc. Papers on applied econometrics or experimental work relevant to welfare economic theory and assumptions about human behaviour also welcome.