Andrew G Haldane: Everyday economics

Speech by Mr Andrew G Haldane, Executive Director and Chief Economist of the Bank of England, at the Nishkam High School, Birmingham, 27 November 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Terrible title, right? Not the "everyday" bit - that's fine. It is the word "economics". For most people, this is an instant turn-off. "Economics" just sounds too conceptual, too academic, too impersonal, too dismal. Stephen Hawking was once told that every equation he included in a book would halve its readership.1 The word "economics" probably has a similar effect.