The Clare Hall Tanner Lecture on Human Values 2023: Paul Krugman and Meg Jacobs

Tue 14 March 2023

Zoom Video Conferencing

Ahead of the Lecture, Paul Krugman shares:
‘What have we learned about inflation? The sudden resurgence of inflation after 35 years of quiescence has called a lot of what we thought we knew into question. Optimists, myself included, were proved wrong by the surge — but pessimists making analogies with the 1970s have been equally wrongfooted by the rapid decline in 2022. And we’ve learned a lot more than we wanted to about the limitations of data. Nonlinear pricing seems like the best story at this point, but anyone making confident predictions hasn’t been paying attention.’

M?eg Jacobs adds:
‘?Today, with inflation at near historic postwar highs, policymakers have turned to monetary policy as the preferred solution. But it has not always been that way. In this lecture I will look back over the last century and a half to uncover a long history of alternative interventions.’

Cost: Free