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China: Art, War and Salvation, 1933-1949

After the founding of the Chinese Communist Party in 1921, many artists and intellectuals in China saw the overthrow of ‘tradition’ as the means to rescue the nation from poverty and backwardness.

The Housing Market

Housing represents the main asset class held by UK households and we shall try to understand why it is held as such a large share of assets. We shall then outline whether this choice has other knock on effects in the economy such as labour and social mobility.

China: New Nation, New Art, 1911-1932

The 1920s in China saw both the political chaos of warlordism, but also a flowering of creativity which drew on the keen awareness by many of China’s potential as part of a global modernism.

What is Value in Healthcare?

This lecture considers this hypothesis and the relationship between clinical outcome and cost of treatment.

The Productivity Puzzle

Productivity growth in the UK economy has lagged behind that of our major trading partners. We will examine a number of possible explanations ranging from the role of finance to the employment of physical and human capital.

The Policy Responses

We need to think of economic policy as some path co-ordinating monetary, financial and fiscal policy. The economic landscape that has been outlined implies some new cyclical and structural economic policy options facing the UK. These concepts will be discussed in this final lecture of the year.

The External Financing Position

For most of the period since we have had records, the UK has held a positive net international investment positions versus the rest of the world. But the UK is now a net debtor. What are the reasons for this extraordinary reversal and what does it mean for the exchange rate?

Xtreme Everest: Taking Medicine from Mountainside to Bedside

In 2007, a team of doctors and scientists ascended to the roof of the world to understand more about how we adapt to high altitude - and why some of us adapt better than others. Uncovered is 15 years of research aiming to understand how humans adapt to low oxygen levels when critically ill.

Debt and the Household Balance Sheet

A consideration of the evolution of the asset and liability position of the UK's household, firm and government sector prior to the financial crisis and where we currently stand in terms of adjustment that is still required.

Macroeconomics, Capitalism and Inequality

Rapid economic growth in the emerging worlds has placed downward pressure of manufacturing wages in the advanced world. With increasingly lower real interest rates putting upwards pressure on asset prices, these twin forces have the propensity to accelerate income inequality. What do the facts say?

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