Event Programme 5.00 pm – Doors open 5.40 pm – Doors close 5.45 pm – Welcome address by the Vice-Chancellor of the University of Oxford, Professor Andrew Hamilton 6.45 pm – Close of lecture A Disequilibrium in the World Economy Mervyn King, Former Governor of the Bank Of England Why, after the biggest monetary stimulus the world has ever seen, is the world economic recovery so slow? In this, the 120th Romanes Lecture, Lord King will discuss what should be done in the long run to help the world economy revive. He will explore the current paradox of policy: the use of monetary policy in the short run is the opposite of what we know we have to do in the long run to rebalance our economies. What should policy-makers do to move to a new equilibrium? About Mervyn King Mervyn King served as Governor of the Bank of England and Chairman of the Monetary Policy Committee and Financial Policy Committee from 2003 – June 2013. He was previously Deputy Governor from 1998 to 2003, Chief Economist and Executive Director from 1991, and non-executive director of the Bank from 1990 to 1991. He was knighted (GBE) in 2011, made a life peer in 2013, and appointed by The Queen to be a Knight of the Garter in 2014. Lord King took up a position as Professor of Economics and Law at New York University in September 2014, and a position as School Professor of Economics at the London School of Economics in 2015. Born in 1948, Mervyn King studied at King’s College, Cambridge, and Harvard (as a Kennedy Scholar) and taught at Cambridge and Birmingham Universities before spells as Visiting Professor at both Harvard University and MIT. From October 1984 he was Professor of Economics at the London School of Economics where he founded the Financial Markets Group. For details, link here: https://www.eventbrite.co.uk/e/the-romanes-lecture-2015-tickets-15929424337

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