Front of federal reserve USA

Professor Andrea Ferrero: “Monetary Responses to the Covid Crisis”

On Tuesday 29th September, the Keynes society welcomed Professor Andrea Ferrero for a talk about monetary policy. He spoke about how central banks have tried to respond to the Covid crisis and why unconventional and novel policies, such as buying private sector assets, have been necessary. Professor Ferrero, of Trinity College Oxford and formerly a Senior Economist within the Research Department of the Federal Reserve … Continue reading Professor Andrea Ferrero: “Monetary Responses to the Covid Crisis”

Colin Coleman: “The South African Economy”

On Tuesday 22nd September, the Keynes Society was delighted to welcome, virtually, Colin Coleman for the first meeting of the term. Colin Coleman is an expert on South African affairs: after setting up the South African and sub-Sahara African enterprise for Goldman Sachs and serving as its CEO for 20 years, he was appointed senior fellow and lecturer at Yale’s Jackson Institute for Global Affairs. … Continue reading Colin Coleman: “The South African Economy”

Lessons from the crash and today’s trends in Western monetary policy

The coronavirus pandemic, and the ensuing economic crisis, has provoked unprecedented responses from policy makers, no more so than from central banks. The Federal Reserve’s major actions include purchasing up to $750 billion of investment-grade corporate debt and lowering its discount window rate to 1.5% – lower than it ever was in the GFC. This makes the Fed’s additional pledge to buy $700 billion in … Continue reading Lessons from the crash and today’s trends in Western monetary policy

“Good Economics for Hard Times” by Duflo and Banerjee

Good Economics for Hard Times is the second general readership publication of the husband and wife, Nobel-prize winning pair of Duflo and Banerjee. Their first book, Poor Economics, published in 2011 (and already reviewed on Etonomics), catapulted them into global fame and their second instalment continues in the same rigorous, empirical style as the first. They aim to transfer their methods of studying poor countries … Continue reading “Good Economics for Hard Times” by Duflo and Banerjee

What’s the big deal about Huawei?

Forgot Johnson and Johnson’s, or Wells Fargo, Huawei has been the most notorious and controversial company of at least the last few years. Boris Johnson’s decision on 28 January to allow Huawei, a Chinese telecoms giant, to build 35% of Britain’s 5G infrastructure caused uproar, both domestically and internationally. Senior Tories, including Ian Duncan Smith and David Davis, wrote a letter criticising the decision, while … Continue reading What’s the big deal about Huawei?

Two heads facing each other made from cogs

Why IP Laws Should Be Weakened

Intellectual property (IP) laws have gathered a lot of press recently, specifically in relation to the cost of drugs and healthcare, as well as the US-China trade war. There is much debate over their purpose and success. This article will explore what IP laws are, what they aim to achieve, how they might be failing and how they can be improved. IP rights are a … Continue reading Why IP Laws Should Be Weakened