Return To Growth: A Historical Perspective
Monday, November 4, Little Hall (5 pm)
The Great Depression and the Great Recession - economists, historians, politicians and semanticists alike have alluded to the parallels of the two most severe economic crisis in modern history.
But what can we learn from the mistakes of politicians and central bankers in the 1930s? What lessons does the historical narrative provide for macroeconomic policy in the European periphery and emerging economies? Or is any comparison between two economic downturns separated by seventy years, the rise of the service economy and the digitlization of our lives fallacious?
The Cambridge Society for Economic Pluralism is proud to host one of the most renowned economic historians of our time, Professor Nicholas Crafts (Professor of Economics and Economic History at the University of Warwick). Crafts and Doctor Solomos Solomou will put the current crisis into a historical perspective to address what, if anything, we may learn from the past for once.
But what can we learn from the mistakes of politicians and central bankers in the 1930s? What lessons does the historical narrative provide for macroeconomic policy in the European periphery and emerging economies? Or is any comparison between two economic downturns separated by seventy years, the rise of the service economy and the digitlization of our lives fallacious?
The Cambridge Society for Economic Pluralism is proud to host one of the most renowned economic historians of our time, Professor Nicholas Crafts (Professor of Economics and Economic History at the University of Warwick). Crafts and Doctor Solomos Solomou will put the current crisis into a historical perspective to address what, if anything, we may learn from the past for once.
