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Stereoscopic photography rapidly became a worldwide craze after the Great Exhibition of 1851. Cheap viewers and mass-produced stereographs brought startlingly vivid images within reach of a mass audience, making this the form in which most people first encountered photography.
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.
Simon Thurley, Visiting Professor of the Built Environment unearths the lost mercantile buildings of medieval London and shows how influential they were.
In the first of two lectures with the theme ‘Merchants, Money and Megalomania’, Simon Thurley will unearth the lost mercantile buildings of medieval London and show how influential they were.
We will carefully outline the categories of savings held by households and link that to the operation of financial intermediaries in providing loanable funds.
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.
An economic model for news that have existed for 200 years or more is disappearing. Are we facing the prospect of societies without 'news' as previously understood? And why does it matter?
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.
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?