Wednesday 10 October 2012

LSE in print

Bank’s inflation target ‘should be sacrificed for greater good’
The Times Online, 10/10/2012, p.1
Coverage of Mervyn King’s speech at LSE. “ ‘…it would be optimistic to rely solely on such tools to prevent all future crises,’ the Governor said in a lecture at the London School of Economics. ‘It would be sensible to recognise that there may be circumstances in which it is justified to aim off the inflation target for a while…’ ”

King defends Bank's low rates before crisis
The Daily Telegraph, 10/10/2012, p.1, Emma Rowley
“…but concluded that raising rates could have had dangerous adverse effects. The problem was the impact of higher rates on the exchange rate, Sir Mervyn told the London School of Economics. He acknowledged that higher rates could have mitigated the roughly 25pc climb in the pound against other currencies, which stimulated domestic demand at the expense of exports…”
http://www.telegraph.co.uk/finance/economics/9597175/Bank-of-Englands-
Mervyn-King-defends-low-interest-rates-pre-crisis.html|

King signals inflation is no longer bank's primary focus
Financial Times, 10/10/2012, p.1, Norma Cohen; Sarah O'connor
"I think we cannot be entirely sanguine about the ability to keep bringing expenditure forward from the future into the present," he said yesterday in a speech at the London School of Economics. Sir Mervyn, who steps down next May, added it would be sensible to recognise that sometimes it was right to ‘aim off the inflation target for a while’.”
http://www.ft.com/cms/s/0/53817ca8-1238-11e2-b9fd-00144feabdc0.html?ftcamp=published_links%2Frss%2Fworld_uk_economy%2Ffeed%2F%2Fproduct|

Mervyn: No limit to cash
The Sun, 10/10/2012, p.1, Unattributed
http://www.thesun.co.uk/sol/homepage/news/politics/4581386/Mervyn-No-limit-to-cash.html|

Curbs on bank loans might have averted crash, says King
The Guardian, 10/10/2012, p.25, Heather Stewart; Philip Inman
http://www.guardian.co.uk/business/2012/oct/09/banks-leverage-cap-mervyn-king|

King says Bank of England can afford to miss inflation target
City AM, 10/10/2012, p.3, Julian Harris
http://www.cityam.com/latest-news/king-says-bank-england-can-afford-miss-
inflation-target|

BOE's King Foresees a Long Road to Recovery
The Wall Street Journal (Europe), 10/10/2012, p.3, Jason Douglas; Ilona Billington
http://www.cityam.com/latest-news/king-says-bank-england-can-afford-miss-
inflation-target|

History lesson on right lines
The Times, 10/10/2012, p.37, Ian King
Towards the end of his Stamp Memorial lecture at the London School of Economics last night, Sir Mervyn King offered a fascinating insight into what he really thinks of the obligations being piled on to the so-called "eurozone peripherals".

Bank's inflation target 'should be sacrificed for greater good'
The Times, 10/10/2012, p.41, Sam Fleming
“…have helped to alleviate the last crisis, it would be optimistic to rely solely on such tools to prevent all future crises," the Governor said in a lecture at the London School of Economics. "It would be sensible to recognise that there may be circumstances in which it is justified to aim off the inflation target for a while…”

'We saw no point in a prolonged attempt at survival'
The Guardian, 10/10/2012, p.37, Nicholas Timmins
Profile of former head of Audit Commission, Michael O’Higgins. “Curriculum vitae Age 58. Lives East London. Family Married. Education Oatlands College, Dublin; Trinity College Dublin, BA economics; London School of Economics, MSc social policy. Career February 2011-present: chairman, Investec Structured Products Calculus VCT plc; January 2011-present: chairman, the Pensions Regulator; 2009-10: chairman, Alexander Mann Solutions; 2006-12: chairman,”
http://www.guardian.co.uk/society/2012/oct/09/audit-commission-chairman-
abolition-value|

LSE online

BoE's King says monetary policy may have to tackle financial risks
Reuters UK (Web), 09/10/2012, David Milliken
Coverage of lecture by Mervyn King at LSE. “…need to let inflation undershoot its target in order to reduce the chance of future financial crises, Bank of England Governor Mervyn King said on Tuesday. In a speech at the London School of Economics, King also referred briefly to the euro zone crisis, comparing it to Germany's struggles to pay war reparations in the 1920s.
http://uk.reuters.com/article/2012/10/09/uk-boe-king-idUKBRE89815C20121009|

BoE's King says monetary policy may have to tackle financial risks
Yahoo! UK and Ireland (Web), 09/10/2012, Unattributed
http://uk.finance.yahoo.com/news/boes-king-says-monetary-policy-173002692.html|

Bank 'might need to miss target'
MSN UK (Web), 09/10/2012, Unattributed
http://money.uk.msn.com/bank-might-need-to-miss-target|

Bank 'might need to miss target'
TalkTalk (Web), 09/10/2012, Unattributed
http://money.uk.msn.com/bank-might-need-to-miss-target|

Bank of England's Mervyn King defends low interest rates pre-crisis
Yahoo! UK and Ireland (Web), 09/10/2012, Unattributed
http://uk.finance.yahoo.com/news/bank-englands-mervyn-king-defends-175806203.html|

Saddle up and join the road biking club
Telegraph (Web), 09/10/2012, Unattributed
commuting to competing. Hughes got into competitive cycling by accident and has become almost evangelical about the sport, having lost a lot of weight. Incidentally, according to research by the London School of Economics, regular cyclists take fewer sick days from work, saving the economy 128million each year not to mention the benefits to the environment and congestion levels. I
http://www.telegraph.co.uk/active/9596103/Saddle-up-and-join-the-road-biking-club.html|

Nearly 40, never married and living with her mother: The sad life of Monica Lewinsky, the former White House intern who brought down President Clinton
Mail Online UK (Web), 09/10/2012, Sara Nathan
“In 2005, she fled to London to study at the London School of Economics, receiving her Masters of Science in Social Psychology in December 2006. At the time, her publicist said she had spent the years studying and 'staying away.”
http://www.dailymail.co.uk/news/article-2214669/Nearly-40-married-living-mother
-The-sad-life-Monica-Lewinsky-White-House-intern-brought-President-Clinton.html?ITO=1490|

CGI.br lança resultados da pesquisa TIC Kids Online Brasil (translate)
Agencia FAPESP - Oct 10 at 6:42 BST
acordo entre o Centro de Estudos sobre as Tecnologias da Informação e da Comunicação (Cetic.br) e a London School of Economics (LSE) para trazer para o Brasil a metodologia utilizada na pesquisa EU Kids Online...
http://agencia.fapesp.br/16311|

BOE: "Inflationsmålet bör förbli kärnan" (translate)
SvD - Oct 10 at 6:42 BST
sig att försäkra finansiell stabilitet. Det sade Mervyn King, chef för Bank of England i ett tal vid London School of Economics, sent på tisdagskvällen, rapporterar Bloomberg News."Argumenten för prisstabilitet...
http://www.svd.se/naringsliv/nyheter/boe-inflationsmalet-bor-forbli-karnan_
7569242.svd|

Bank of England: Penningpolitiken har begränsningar - King (translate)
EuroInvestor.se - Oct 10 at 6:25 BST
använda sina penningpolitiska verktyg för att öka aktiviteten på kort sikt. Det uppgav han efter en föreläsning vid London School of Economics på tisdagen, enligt Dow Jones Newswires. Enligt King står...
http://www.euroinvestor.se/nyheter/2012/10/10/bank-of-england-penningpolitiken
-har-begransningar-king/12108273|

BOE: INFLATIONSMÅLET BÖR FÖRBLI KÄRNAN - KING (translate)
SvD - Oct 10 at 4:56 BST
sig att försäkra finansiell stabilitet. Det sade Mervyn King, chef för Bank of England i ett tal vid London School of Economics, sent på tisdagskvällen, rapporterar Bloomberg News. "Argumenten för prisstabilitet...
http://bors-nliv.svd.se/index.php/news/detail/af094b6f-1fec-4994-aeac-955b7569e31f|

Alcoa settles, billionaire Canadian fights on in Bahrain bribery case
Toronto Star Online - Dana Flavelle - Oct 9 at 23:17 BST
addition to supporting McGill, he is also a contributor to the Clinton Foundation and a governor of the London School of Economics.The criminal bribery charges against him are scheduled to proceed to trial...

John Tepper Marlin: What Sentence for the Boat Race Stopper?
Huffington Post - John Tepper Marlin - Oct 9 at 23:10 BST
The first Oxford-Cambridge Boat Race was in 1829. The first race stopped by a protester was in 2012. Still to come -- the boat-race-stopper's sentence. Below are some ideas for Judge Anne Molyneux.Addressing a jury at London's Isleworth Crown Court,...

Financial Job Losses Across Western Europe Surpass 30,000
San Francisco Chronicle - Oct 9 at 23:03 BST
economy will pick up again next year,” said Tom Kirchmaier, a fellow in the financial-markets group at the London School of Economics. “In reality, much will depend on how the markets will be fairing in the...

Banks should have had a leverage cap before crash, says Mervyn King (translate)
Finanzen.ch - Oct 9 at 22:42 BST
rein in reckless lending by Britain's banks, Sir Mervyn King has said.In a speech at the London School of Economics marking 20 years since the Thatcher government switched the focus of Britain's economic policy...

BoE's King says must face up to monetary policy's limits
1440 WNFL - David Milliken and Sven Egenter - Oct 9 at 21:56 BST
bring forward economic demand indefinitely, King said in a question and answer session after a speech at the London School of Economics."There is no technical limit on the asset purchases ... (but) I think...

King Says BOE Must Keep Inflation Goal as Tool Revamp Looms
Washington Post - Scott Hamilton and Svenja O’DonnellOct 09, 2012 3:45 pm ET - Oct 9 at 21:09 BST
stability is as strong today as it was 20 years ago,” King said in a speech at the London School of Economics in the U.K. capital today. While he also said there are circumstances where it may be “justified...

Mervyn King says monetary policy faces limits
West Australian - Oct 9 at 20:43 BST
future spending indefinitely through keeping monetary policy loose, King said at a question and answer session at the London School of Economics."The government is still issuing more debt than we are buying...

7 Pangeran Paling Terkenal di Dunia (translate)
Metro TV News - Oct 9 at 20:18 BST
of Austria-Este ini merupakan keturunan dari Putri Belgia Astrid dan Pangeran Lorenz, Archduke dari Austria-Este. Ia merupakan lulusan London School of Economics dan telah menyelesaikan pelayanan militernya...

DJ BOE's King: We Must Question Limits Of Monetary Policy
Individual.com - Oct 9 at 20:18 BST
their economies, Bank of England Governor Mervyn King said Tuesday. While answering questions following a lecture at the London School of Economics, Mr. King said there is no technical limit to the amount...

Aviva launches book to help clients post-RDR
Compliancy Services - Oct 9 at 20:06 BST
written to support advisers in their dealings with clients in a world post-Retail Distribution Review (RDR). Authored by London School of Economics professor Paul Dolan and business writer Steve Martin, the...

Getting pregnant: It may come down to math
New York Daily News - Oct 9 at 19:22 BST
wait before seeking medical help.Researchers from the Warwick Medical School at the University of Warwick and the London School of Economics have found that if a woman is aged 35, after just six months of...

Giuseppe Biesuz / Trenord: I lavoratori pendolari e il caos dei trasporti (translate)
Informazione.it - Oct 9 at 19:02 BST
anni sessanta mentre a Tokio si sta lavorando ad un sistema su base multiregionale.Un recente studio della London School of Economics, evidenzia che la capacità di attrazione di capitali e talenti delle città...

King Says BOE Must Keep Targeting Inflation as Tool Revamp Looms
BusinessWeek - Scott Hamilton and Svenja O’Donnell - Oct 9 at 19:00 BST
stability is as strong today as it was 20 years ago,” King said in a speech at the London School of Economics in the U.K. capital today. “The key principles underlying flexible inflation targeting are credibility...

Over 30,000 financial jobs cut in Europe
Shanghai Daily - Oct 9 at 18:55 BST
that the world economy will pick up again next year," said Tom Kirchmaier, an expert at the London School of Economics. "In reality, much will depend on how the markets will be fairing in the coming years...

Finanzindustrie streicht 2012 mehr als 30.000 Jobs in Westeuropa (translate)
Die Welt - Oct 9 at 16:11 BST
hoffen, dass die Weltwirtschaft sich nächstes Jahr wieder erholt”, sagte Tom Kirchmaier, ein Dozent in der Finanzmarktgruppe der London School of Economics. "In Wirklichkeit wird bei der Feststellung, ob wir...

Financial job losses up in Europe
Gulf News - Oct 9 at 15:44 BST
will pick up again next year,? said Tom Kirchmaier, a fellow in the financial-markets group at the London School of Economics. ?In reality, much will depend on how the markets will be fairing in the coming...

Salviamo la riforma Fornero e la nostra credibilità (translate)
Il Fatto Quotidiano - Lavoce - Oct 9 at 13:31 BST
in Scienze Statistiche alla Sapienza di Roma, un Master in Econometria e un Ph.D. in Economia alla London School of Economics. È stata docente alla City University Business School di Londra e visiting scholar...

U.K. Factory Output Declines More Than Forecast, Exports Plunge
La Repubblica - Oct 9 at 11:41 BST
billion-pound round of quantitative easing that is due to be completed in November. King will speak at the London School of Economics at 6:30 p.m. local time, and officials hold their next policy meeting on...

U.K. August Manufacturing Output Declines More Than Forecast
BusinessWeek - Scott Hamilton - Oct 9 at 10:00 BST
billion-pound round of quantitative easing that is due to be completed in November. King will speak at the London School of Economics at 6:30 p.m. local time, and officials hold their next policy meeting on...

All politics: swarm intelligence and subterranean politics in Germany
Open Democracy - Oct 9 at 8:38 BST
Murray-Leach, Tamsin (2012). ‘The ‘bubbling up’ of subterranean politics in Europe.’ Civil Society and Human Security Research Unit, London School of Economics and Political Science, London, UK. Available...

Empire as a Practice of Power: Introduction　　権力行使としての帝国
Japan Focus - Oct 9 at 7:15 BST
Human Rights at the Department of Sociology and the Centre for the Study of Human Rights at the London School of Economics and Political Science. She is the author of “On Cosmopolitan Occupations: the Case...

LSE on TV/radio

Channel 4 (9 October)
Channel 4 News
Coverage of the Sir Mervyn King lecture at LSE

Also on:

• Sky News (9 October)
  Jeff Randall Live
• BBC Radio 4 (10 October)
  News Briefing
• BBC Radio 5 Live (10 October)
  Wake up to Money
• BBC Radio Scotland (10 October)
  Good Morning Scotland

BBC Radio 4 (9 October)
Mention of the broadcast of the Manuel Castells lecture next Monday.