Mervyn King: Economic Policy in a World Turned Upside Down

November 23, 2019

Mervyn King says radical uncertainty calls for radical thinking. (IMF photo)

In This Episode

Following the great economic crises of the 20th century, there were periods of intellectual and political upheaval that ultimately changed economic policy. Mervyn King, former Governor of the Bank of England, argues the 2008 financial crisis should have prompted the same reaction but didn’t. King delivered this year's Per Jacobsson Lecture during the IMF-World Bank Annual Meetings, and warned the failure to dramatically change our approach to economic policy risks another financial crisis.

Lord Mervyn King is Professor of Economics at New York University and the London School of Economics. He is also author of The End of Alchemy and has a forthcoming book entitled Radical Uncertainty.

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Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.

Rhoda Metcalfe


Rhoda Metcalfe is an independent journalist and audio producer. Her reporting on the armed conflict in Colombia in the late 90s, as well as her work in Egypt, Turkey and South Africa has won several awards. She now produces podcasts and radio features from Washington DC and is a regular contributor to the IMF Podcast program.