Peter J. N. Sinclair | |
---|---|
Born | Peter James Niven Sinclair |
Died | 31 March 2020 ![]() |
Occupation | Economist ![]() |
Employer |
Peter James Niven Sinclair (18 September 1946 – 31 March 2020) [1] was a British economist. He was Professor, and subsequently Emeritus Professor, in Economics at the University of Birmingham. Previously, he had been a fellow and tutor at Brasenose College, Oxford.
Sinclair grew up in London and Norfolk and was educated at Gresham's School [1] and the University of Oxford, where he gained his BA and doctorate. His first job was in the export department of Linde AG in Germany. [2] This sharpened his lifelong interest in international economics. [2]
Peter Sinclair taught at Oxford from 1970 to 1994, [3] mainly in economic theory, monetary policy and international economics, as fellow and tutor in Economics at Brasenose College. [4] In 1994 he became Professor of Economics at the University of Birmingham. He retired in 2012, but continued teaching as an Emeritus Professor until his illness and death in March 2020. [5]
Sinclair published widely on a range of topics in economics, [6] including the optimal rate of inflation, central bank independence, the costs and benefits of monetary union, and international trade policy. He became Director of the Bank of England's Centre for Central Banking Studies in 2000 [7] where he taught central bank staff from all over the world, both in London and overseas. Sinclair maintained a connection with the Bank of England after leaving CCBS in 2008, including as a visiting academic, advising on research and teaching graduate entrants for many years. He also advised numerous overseas central banks. He contributed to a number of CCBS and Bank of England publications, including the Bank's Quarterly Bulletin, often providing an academic's perspective on contemporary monetary issues. [8]
He was the author of numerous articles and books on economics, one written with his first wife, [9] the late economist Shelagh Heffernan, who was Professor of Banking and Finance at the Cass Business School, City University London. His main research interests included inflation, unemployment, and tax questions, often in the open economy setting. He served as a consultant to the Financial Services Authority, the Treasury and the U.S. Department of Labor. [2] A visiting professor at the University of British Columbia and Queen's University in Canada, he also lectured in China, France, Germany, Greece, Ireland, Italy, Japan, Lesotho, Poland, Russia, and the United States. [2] He was visiting professor at the London School of Economics and University of Warwick, and chairman of the Royal Economic Society Easter School, and the International Economics Study Group. In 2016 he married the environmental artist, Jayne Ivimey.
His non-economics interests included architecture, history, and languages.
Sinclair's most notable former student was David Cameron, [10] who described Sinclair as "one of the cleverest people I ever met". [11] Others include King Letsie III, Camilla Cavendish, Peter Conradi, Diane Coyle, Tim Harford, Lieutenant General Michelle D. Johnson, Dave Ramsden, Guy Spier, [12] Abhisit Vejjajiva and a prominent Nepali economist and Asia Times opinion writer Bhim Bhurtel, Ross Bailey and Anthony Brown.
Sinclair was admitted to hospital in March 2020 after contracting COVID-19; he died on 31 March 2020 aged 73. [13]
Mervyn Allister King, Baron King of Lothbury is a British economist and public servant who served as the Governor of the Bank of England from 2003 to 2013. He is a School Professor of Economics at the London School of Economics. He is also the Chairman of the Philharmonia.
Sir Charles Richard Bean is a British economist and Professor of Economics at the London School of Economics. He was previously Deputy Governor for Monetary Policy at the Bank of England from 1 July 2008 until 30 June 2014. From 2000 to 2008, he served as Chief Economist at the Bank.
Timothy Douglas Harford is an English economic journalist who lives in Oxford.
Sir John Stuart Vickers is a British economist and the Warden of All Souls College, Oxford.
Lawrence Henry White is an American economics professor at George Mason University who teaches graduate level monetary theory and policy. He is considered an authority on the history and theory of free banking. His writings support the abolition of the Federal Reserve System and the promotion of private and competitive banking.
Frederic Stanley "Rick" Mishkin is an American economist and Alfred Lerner professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University. He was a member of the Federal Reserve Board of Governors from 2006 to 2008.
Willem Hendrik Buiter CBE is an American-British economist. He spent most of his career as an academic, teaching at various universities. More recently, he was Chief Economist at Citigroup.
Charles Albert Eric Goodhart, is a British economist. His career can be divided into two sections: his term with the Bank of England and its associated public policy; and his academic work with the London School of Economics. Charles Goodhart's work focuses on central bank governance practices and monetary frameworks. He also conducted academic research into foreign exchange markets. He is best known for formulating Goodhart's Law, which states: "When a measure becomes a target, it ceases to be a good measure."
Carl Eugene Walsh, is an American economist. He has been an economics professor at the University of California, Santa Cruz (UCSC) since 1987, and retired in 2020 as Distinguished Professor of Economics. He twice served as chair of the Economics Department at the university as well as Vice Provost for Silicon Valley Initiatives (2005-2007) and Associate Vice Chancellor for Planning and Programs (1995-1995) at UCSC. He has also been a Visiting Scholar at the Federal Reserve Banks of Kansas City (1982-1983), Philadelphia (1984-1985) and San Francisco (1987-2000).
Sir David Edward John Ramsden CBE is a British economist and has been Deputy Governor for Markets and Banking at the Bank of England since 4 September 2017. He was previously Chief Economic Adviser to HM Treasury and Head of the Government Economic Service, having previously served as Joint Head of the Service with Vicky Pryce, formerly Chief Economic Adviser and Director-General at the Department for Business, Innovation and Skills.
Philip Richard Lane is an Irish economist who has been serving as a member of the Executive Board of the European Central Bank since 2019 and concurrently as ECB chief economist. He previously served as Governor of the Central Bank of Ireland from 2015 to 2019. As ECB Chief Economist, Lane is seen by many as providing an academic counterweight to the traditional political abilities of ECB President, Christine Lagarde.
Peter Bofinger is a German economist and a former member of the German Council of Economic Experts.
Frank Horace Hahn FBA was a British economist whose work focused on general equilibrium theory, monetary theory, Keynesian economics and critique of monetarism. A famous problem of economic theory, the conditions under which money, which is intrinsically worthless, can have a positive value in a general equilibrium, is called "Hahn's problem" after him. One of Hahn's main abiding concerns was the understanding of Keynesian (Non-Walrasian) outcomes in general equilibrium situations.
Richard Andreas Werner is a German banking and development economist who is a university professor at University of Winchester.
Andrew George Haldane is a British economist who worked at the Bank of England between 1989 and 2021 as the chief economist and executive director of monetary analysis and statistics. He resigned from the Bank of England in June 2021 to become chief executive of the Royal Society for Arts. He sits on the UK's government's Economic Advisory Council.
The University of Birmingham Financial Forum is a student-run conference for hundreds of students that was founded in 2011 and held at the University of Birmingham, United Kingdom.
Stephen G Cecchetti is an American economist who has been the Barbara and Richard M Rosenberg Professor of Global Finance at Brandeis International Business School. His principal fields of interest are macroeconomics, monetary economics, financial economics, monetary policy, central banking, and the supply of money.
Michael David Bordo is a Canadian and American economist, currently Board of Governors Professor of Economics and Distinguished Professor of Economics at Rutgers University. He is a research associate at the National Bureau of Economic Research as well as a Distinguished Visiting Fellow at the Hoover Institution at Stanford University. He is the third most influential economic historian worldwide according to the RePEc/IDEAS rankings. He was a student of Milton Friedman and has co-authored numerous books and articles with Anna Schwartz.
The Department of Economics is an academic department of the University of Oxford within the Social Sciences Division. Relatively recently founded in 1999, the department is located in the Norman Foster-designed Manor Road Building.
Előd Takáts is a Hungarian economist, professor, former senior economist at the Bank for International Settlements and visiting professor at the London School of Economics and Political Science. He has been serving as rector of Corvinus University of Budapest since 1 August 2021.