Michael Blastland
speaker
745 appearances
4 recordings
1 series
first heard Mar 2011
last heard Aug 2011
Michael Blastland’s voice in public audio — every appearance, attributed to the second.
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Appearances
Buy, buy, buy.
No, sell, sell.
but it also symbolises hope.
I'll leave you to judge how realistic that hope is.
That the way our gossipy complexity moves the whole economy can, one day, yield to science.
I'm in the Bank of England.
It's grand, solid, not too much opulence, but clearly sitting on a few quid, as you'd hope.
Here, once a month, nine people gather to make one of the biggest economic decisions there is, which way to pull one vast lever of control over the economy, interest rates.
Should the lever go up, down, up?
or stay the same?
How simple can a decision be?
Well, let's think about it.
After all, economics, as we now know from all we've discovered in this series, is moral and political and hideously complicated because of that.
It's also scientific, technical, statistical and mathematical and prodigiously difficult because of that.
And it's social and psychological, about behaviour, attitudes and expectations, with questions about rationality, none of which is exactly a picnic.
It's empirical and it's theoretical, it's history.
Where was Karl Marx in all this?
And culture and institutions and its law and its power?
We barely touched on those, just in case you have a spare moment.
Oh, and we haven't talked at all about data and measurement, about whether we even know where we are now.
Showing 301–320 of 745 · page 16 of 38
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