Angus Millar Lecture 2009 - The Financial Crisis and the Return of Keynes

Event Name Angus Millar Lecture 2009 - The Financial Crisis and the Return of Keynes
Start Date 24th Nov 2009 6:00pm
End Date 24th Nov 2009 7:30pm
Duration 1 hour and 30 minutes
Description

Venue: Royal College of Physicians, Edinburgh, EH2 1JQ

John Maynard Keynes, the great 20th century economist, has returned to prominence with a crash. His theories on how governments have a vital role in stabilising economies now find favour in Downing Street, the White House and beyond.


No one is better able to comment on and interpret Lord Keynes’ big ideas than Robert Skidelsky, the former politician, celebrated professor of political economy, and - according to Nobel prize winning economist Paul Krugman, “THE great biographer of Keynes”.

Lord Skidelsky’s lecture on Tuesday, November 24, 2009 will be the latest in a long line of distinguished economic commentaries to be given under the auspices of the RSA. Indeed the Society’s interest in economics goes back to its founding over 250 years ago, and is reflected in our full title 'The Royal Society for the Encouragement of Arts, Manufactures & Commerce'.

The RSA continues to be a forum for active debate in this field; the wider social, cultural and political ramifications of the current economic difficulties have been discussed and debated in detail by policymakers and commentators across our public events programme in recent months. The Society also runs a research project called the Social Brain which challenges the rational-choice theory of decision-making that has dominated policy-making circles in recent decades. And our Tomorrow's Investor project has recently culminated in a report that calls for more accountability and transparency in the fund management industry.

This lecture by Lord Skidelsky, the pre-eminent expert on Keynes and Keynesian theory, will offer a timely and incisive analysis of the challenges facing our financiers and society at large.