Discussant: Professor Robert Sugden FBA
(This lecture was repeated at Bristol University on Tuesday 7 March 2006.)
Speaker:Professor K G Binmore FBA
More about the Keynes Lectures in Economics
Keynes Lecture in Economics, delivered by Professor John Moore FBA, on 17 October 2007. Economists have long held the view that the development of the financial system (financial deepening) and economic development are closely intertwined. The literature, however, contains relatively few formal models presumably because it has proved hard to integrate money and financial ininto a standard framework of macroeconomics and growth. This lecture borrows from a model of money and liquidity that he has developed with Nobuhiro Kiyotaki, a model in the spirit of Keynes - to explore the impact of financial deepening. Our theory allows us to trace the evolution of different kinds of money, from ancient to modern.
Keynes Lectures in Economics, delivered by Professor Robert Sugden FBA, on 20 October 2010 (venue: Royal Society of Arts).