Andrew G Haldane: The dappled world

Text of the GLS Shackle Biennial Memorial Lecture by Mr Andrew G Haldane, Executive Director and Chief Economist of the Bank of England, London, 10 November 2016.

Introduction

I am delighted to be giving this year's Shackle Biennial Memorial Lecture.

The past few years have witnessed a jarring financial crisis as great as any have experienced since the world wars, a crisis whose aftershocks are still being felt today. Against that dramatic backdrop, I thought I would use this occasion to reflect on the state of economics, not least in helping us make sense of such catastrophic phenomena.