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John Maynard Keynes remains highly relevant to an understanding of the financial collapse of 2007–8. This lecture provides a Keynesian perspective on the reform of the world's monetary system, and concludes with reflections on the role of the state and the state of economics.
Robert Skidelsky is emeritus professor of political economy at Warwick University. His three-volume biography of John Maynard Keynes (1983,1992, 2000) won five prizes and his book on the financial crisis – Keynes: The Return of the Master – was published in September 2010. He was made a member of the House of Lords in 1991 (he sits on the cross-benches) and elected a fellow of the British Academy in 1994. How Much is Enough? The Love of Money and the Case for the Good Life, co-written with his son Edward, was published in July 2012. His most recent publications were as author of Britain in the 20th Century: A Success? (2014) and as editor of The Essential Keynes (2015).
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