It’s fitting that Mervyn King should have been a director at Aston Villa – because that job, like his previous one, has given him a close-up view of the failure of mainstream economics. I’m referring to the idea that wages...
Aston Villa suffered another blow just days after their relegation from the Premier League as directors David Bernstein and Mervyn King quit with immediate effect on Monday. Former Football Association chairman Bernstein only joined Villa last month following the February appointment of King, who had previously served as the Governor […]
That’s the message of a new book, “The End of Alchemy”, from the former governor of the Bank of England, Mervyn King. It doesn’t completely wash. Low rates bear much responsibility for seeding the financial crisis - and it was central banks, after all, that set them.
During the spring of 2008, I often attended press conferences with Lord Mervyn King, who at the time was governor of the Bank of England. It was an exciting time. Northern Rock had just collapsed, but Lehman Brothers was alive and kicking. The global financial crisis was by many seen [...]
Is it necessary to say that we hold Ben Bernanke, Mervyn King, Mark Carney, Janet Yellen, Stan Fischer, Lael Brainard, and company to the highest of high standards--demand from them constant triple aerial somersaults on the trapeze--because we have the greatest respect for and confidence in them? It probably is... Show More Summary
Mervyn King, BoE governor until 2013, has slammed the complexity of bank regulation.
Lord Mervyn King, governor of the Bank of England during the 2008 crisis, has a great anecdote about the "most bizarre" thing that happened to him during the crash. Speaking in London on Friday, King described the time he had to travel...Show More Summary
Former Bank of England Governor Lord Mervyn King said another financial crisis will be inevitable, but that it won't start in the banking sector. Central banks are stuck with record low interest rates as a short-term fix to the 2008Show More Summary
A Unified Europe: Born In the USA The former Bank of England head Mervyn King said this week that the "depression" in Europe "has happened almost as a deliberate act of policy". Specifically, King said that the formation of the European Union has doomed Europe to economic malaise. Show More Summary
ANYBODY looking for an insider account of the financial crisis is spoilt for choice. The recollections of Timothy Geithner, a former American treasury secretary, are packed with pulsating drama. A book from Ben Bernanke, a former chairman...Show More Summary
Former Bank of England Governor Lord Mervyn King is continuing his vocal criticism of Europe, claiming Greece's current economic, social, and political crises have been created "almost as a deliberate act of policy." The Telegraph reports...Show More Summary
A former governor of the Bank of England has said that the breakup of the eurozone may be necessary to restore growth to some states. In a passage from his new book The End Of Alchemy, published in the Daily Telegraph on Monday, Mervyn...Show More Summary
Former Bank of England Governor Lord Mervyn King believes Germany should consider leaving the European Union as the current set up "will lead to not only an economic but a political crisis." In the second extract from his new book published...Show More Summary
Former Bank of England Governor Lord Mervyn King says governments around the world need "the courage to undertake bold reforms" to prevent the global economy falling into another financial crisis. In extracts from his new book serialised...Show More Summary
By Linda Yueh, Adjunct Professor of Economics, London Business School The former Bank of England governor Mervyn King foretold that there would be 7 lean years after the 2008 financial crisis that followed the 7 years of debt-fuelled strong growth that preceded it. 2015 is the end of that period. So, [...]
Britmouse is back blogging with lots of interesting new posts. A short one that caught my attention discussed this story from 2010: I saw the governor of the Bank of England [Mervyn King] last week when I was in London and he told me whoever wins this election will be out of power for a […]
Every two weeks or so on average, we ask ourselves: why do central bankers only tell the truth after they have quit their post (rhetorically, of course). The last time it was the BOE's former head Mervyn King, who said that "more monetary...Show More Summary
The former head of the Bank of England – Mervyn King – said yesterday that more QE will not help the economy: We have had the biggest monetary stimulus that the world must have ever seen, and we still have not solved the problem of weak demand. Show More Summary
Why is it that central bankers always wait until after they quit their job before telling the truth? From ABC.net In his keynote address, former governor of the Bank of England Mervyn King gave the Australian mining industry some hope...Show More Summary
Mervyn King, former governor of the Bank of England and now Lord King of Lothbury, has received another honor to add to his lengthening list of gongs since swapping central banking for academia. He has been named a Knight Companion of the Noble Order of the Garter. The Order of the Garter is the oldest [...]