Question: Should Money Make the World go Round?

Date: 8th February 2018
Podcast: To follow

Prof. Ian Crawford (Fellow at Nuffield College, Oxford)
Michael Goldby (Senior Advisor, Bank of England)
Jessica Milligan (DPhil. Economics)

Chair: Caspar Pfrunder (MSt in British & European History (1500-))
Organiser: Paul Stephens (DPhil in English)

Economics Yes

Speaker Biographies:

Prof. Ian Crawford is a Professorial Fellow at Nuffield College, and a Professor of Economics in the Department of Economics, University of Oxford. Ian’s research is centred upon Applied Microeconomics, with particular interest and expertise in choice behaviour, revealed preference theory and empirical methods, index number theory and practice, and behavioural economics (hyperbolic discounting, reference dependence). Before coming to Oxford, Ian completed his PhD at UCL, and held the post of Co-Director of the Centre for the Microeconomic Analysis of Public Policy (CPP), remaining a member of the CPP Advisory Board at IFS. His current research project is entitled ‘Behavioural Economics and Strategic Decision Making: Theory, Empirics and Experiments’.

Michael Goldby graduated from Lincoln College in 1998 with a first class degree in PPE. After two years working at HSBC he completed an M.Sc in Economics at LSE in 2002. Since then he has been working as an economist at the Bank of England. In those 15 years he has worked on a range of macroeconomic topics, spent two years as an author of the Bank’s Inflation Report, and two years at the IMF in Washington DC working as an advisor to the UK Executive Director. He currently works as a Senior Advisor in the Bank’s EU Withdrawal Unit.

Jessica Milligan is undertaking a DPhil in Economics, having also completed an MPhil in Economics at Oxford. Before coming to Oxford, Jessica worked in Management Consulting in London, during which time she specialised in healthcare transformation. In contrast to this professional experience and postgraduate research, her undergraduate degree at Cambridge was in Spanish and Russian. Her final dissertation explored Russian neo-primitive illustrations for a set of revolutionary futurist poetry. Although this may appear to be an unusual pathway to economics, you can chart her underlying interests: people, their choices and interactions and, ultimately, their wellbeing. Her current research lies in Microeconomic theory-based empirical testing, within the field of Behavioural Economics. Her doctorate intends to test how an individual’s aspirations, habits and peers affect their choices and welfare over time.

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