Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything. Gavyn Davies Read Quote
Inflation is not always the main problem, or indeed a problem at all. Sometimes, though rarely, deflation is a more serious threat, and we need to shelve many of the orthodoxies we have held so dear. Gavyn Davies Read Quote
The BBC should not have a cheerleader. It should have somebody who runs the organisation in the interests of the public and that should be a chairman. Gavyn Davies Read Quote