This initiative by the RES aims to bring the best communicators in the economics profession into contact with a wide public and to show the importance of top-quality economic research. Aimed principally at sixth form students of Economics but of interest to all, the Annual Public Lectures have become an established part of the senior school calendar as well as the general public. You can watch or download most of the lectures from the links below.
The 2013 RES Public lecture was given by Tim Harford, author and 'undercover economist' for the FT who explored our understanding of Macroeconomics in a lecture entitled "How to Run - or ruin- an economy" given at the Royal Institution of Great Britain, London on 28 November. The RES widened outreach of this event by providing live online screening for remote participants across the UK and the world. You can now watch the lecture here ,at no cost as part of the RES aim to promote economic science.
About the lecture
In 1949, a war hero – and also a mature student who was failing his exams – presented an astonishing invention at the London School of Economics. Economics was never quite the same.
Macroeconomics is the study of the big picture in economics – of how unemployment, inflation, the deficit, imports and exports all link together to form one colossal system. Understanding that system is obviously important – but how much progress have we really made since 1949?
In his lecture Tim Harford weaves together the amazing story of economist Bill Phillips with the equally amazing story of macroeconomics, as he explores how much we’ve learned about running – or ruining – economies