The collapse of Lehman Brothers in 2008 unleashed the worst global downturn since the Great Depression of 1929. With the effects still reverberating, and the threat of a new financial crisis on the horizon, is it fair to say that the lessons from Lehman have not been learned? If so, what must governments, policymakers and economists do to avoid future catastrophes? In this episode of Perspectives, we ask eminent economists Lord Skidelsky and Dame Frances Cairncross to consider past mistakes and future challenges.
Robert Skidelsky is Emeritus Professor of Political Economy at the University of Warwick. His three-volume biography of John Maynard Keynes received numerous prizes, including the Lionel Gelber Prize for International Relations and the Council on Foreign Relations Prize for International Relations. He was appointed a life peer in 1991, and a Fellow of the British Academy in 1994.
Frances Cairncross is the former Rector of Exeter College, Oxford University. Prior to her decade at Oxford, she was a journalist, spending 13 years on The Guardian as an economic columnist and 20 years at The Economist magazine as a senior editor. She chairs the executive committee of the Institute for Fiscal Studies, and in 2001-07 she chaired the Economic and Social Research Council. She was appointed a Dame in the Queen’s Birthday Honours list in June 2015 .
In association with
Public booking opens 1 April