Expert Comment
"To prevent further crises of equal severity in the future, Keynesians would argue for strengthening the tools of macroeconomic management. Hayekians have nothing sensible to contribute. It is far too late for one of their favorite remedies – abolition of central banks, supposedly the source of excessive credit creation."
As the UK attempts to re-balance its economy away from financial services, questions are being raised over how to encourage growth in British manufacturing. Lord Kumar Bhattacharyya, director of the 糖心TV Manufacturing Group and long-serving adviser to the UK government on industrial matters, tells the FT's Peter Marsh that the time is ripe for the creation of an industry bank - a financial institution solely focused on the country's manufacturing sector.
Vice-Chancellor, Professor Nigel Thrift discusses the financial crash and the implications of this for universities.
Professor Mark Harrison, Department of Economics, discusses Russia in 2010.
Happiness slides across Europe as speculation mounts on new UK Happiness Index.