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Third Annual E.L. 'Ted' Wheelwright Memorial Lecture
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Fourth Annual E.L. ‘Ted’ Wheelwright Memorial Lecture

by Frank Stilwell on October 27, 2011

Fourth Annual E.L. ‘Ted’ Wheelwright Memorial Lecture

Frank Stilwell | October 27, 2011

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Wheelwright Lecture
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Fourth Annual E.L. ‘Ted’ Wheelwright Memorial Lecture

‘Policy in the Wake of the Banking Crisis: Taking Pluralism Seriously’ // Sheila Dow

On 27 October 2011, the renowned post-Keynesian economist Professor Sheila Dow presented the third annual E.L. ‘Ted’ Wheelwright Memorial Lecture, in which she discussed banking and economic policies in the wake of the global financial crisis.

Professor Dow, from the University of Stirling in Scotland, made the case for a pluralist approach to economics, which can apply a diversity of analyses to a situation while realising the limitations of each.

‘I advocate the use of economic analysis which is not purely technical and prescriptive but reliant on shifting judgements, including of factors not traditionally considered as part of the discipline of economics, such as morality,’ Professor Dow said.

‘Policy-making bodies would benefit from a pluralist approach but this requires recognition that policies and regulatory design are not separate technical matters.’

​Sheila Dow is Emeritus Professor of Economics at the University of Stirling, Director of the Stirling Centre for Economic Methodology, and an adviser on monetary policy to the UK House of Commons Treasury Select Committee. She has worked previously as an economist with the Bank of England and the Government of Manitoba. She is internationally renowned for her impressive body of work on money and banking, economic methodology, and the history of economic thought.

A modified version of Professor Dow’s lecture can be viewed here.

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Author: Frank Stilwell

Emeritus Professor of Political Economy at the University of Sydney, co-ordinating editor of the Journal of Australian Political Economy (JAPE), and Fellow of the Academy of Social Sciences in Australia.

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  • Home
  • About
  • Manchester University Press Book Series
  • Past & Present Reading Group
  • A Political Economy of Australian Capitalism
  • Journal of Australian Political Economy (JAPE)
    • Journal of Australian Political Economy (JAPE)
    • JAPE Issues
    • JAPE Submission Guidelines
    • JAPE Young Scholar Award
  • Australian IPE Network (AIPEN)
  • Forums
    • Forums
    • Debating Anatomies of Revolution
    • Debating Debtfare States
    • Debating Economic Ideas in Political Time
    • Debating Mass Strikes and Social Movements in Brazil and India
    • Debating Social Movements in Latin America
    • Debating The Making of Modern Finance
    • Debating War and Social Change in Modern Europe
    • Feminist Global “Secureconomy”
    • Gendered Circuits of Labour and Violence in Global Crises
    • Scandalous Economics
    • The Military Roots of Neoliberal Governance
    • Politicising artistic pedagogies
  • Literary Geographies of Political Economy
  • Pedagogy
    • Five Minute Honours Theses
    • Piketty Forum
    • Radical Economics Pedagogy
    • Unconventional Wisdom
    • Journal Club
    • Marxism Reading Group
  • Wheelwright Lecture
  • Events
  • Contributors
  • Links
    • Political Economy At Sydney
    • PHD in Political Economy
    • Master of Political Economy
    • Centre for Future Work
    • Centre for the Study of Social and Global Justice (CSSGJ)
    • Climate Justice Research Centre (UTS)
 

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