Tim Harford | |
---|---|
Born | Timothy Douglas Harford 27 September 1973 [1] [2] |
Citizenship | United Kingdom |
Education | Aylesbury Grammar School |
Alma mater | University of Oxford [4] |
Employer(s) | BBC Financial Times International Finance Corporation |
Known for | |
Awards | Bastiat Prize (2007) |
Website | timharford |
Timothy Douglas Harford OBE FSS (born 27 September 1973) is an English economic journalist who lives in Oxford. [6] [7] [8] [9] [10] Harford is the author of four economics books [5] [9] [11] and writes his long-running Financial Times column, The Undercover Economist , syndicated in Slate magazine, which explores the economic ideas behind everyday experiences. His column in the Financial Times , Since You Asked, ran between 2011 and 2014 and offered a sceptical look at the news of the week. [12]
Since October 2007 Harford has presented the BBC Radio 4 programme More or Less. The series segments are also available as podcasts. Subsequently, Harford launched his own podcast on the podcast production network Pushkin Industries, called Cautionary Tales. [13] [14]
Harford was born in Kent. [3] He was educated at Aylesbury Grammar School and at Brasenose College, Oxford, obtaining a Bachelor of Arts degree in Philosophy, Politics and Economics (PPE) [4] and then a Master of Philosophy in Economics, in 1998. [1] Harford said that he originally planned to drop economics when studying towards his undergraduate degree but that his economics tutor Peter Sinclair convinced him otherwise. [15]
Harford joined the Financial Times in 2003 on a fellowship in commemoration of business columnist Peter Martin. [16] [17] He continued to write his financial column after joining International Finance Corporation in 2004, and he rejoined the Financial Times as economics lead writer in April 2006. He is also a member of the newspaper's editorial board.[ citation needed ]
Tim has spoken at TED, [18] PopTech[ citation needed ] and the Sydney Opera House.[ citation needed ] He is a visiting fellow at Nuffield College, Oxford and an honorary fellow of the Royal Statistical Society (FSS). [3] [19] [20]
In August 2007, he presented a television series on the BBC, Trust Me, I'm an Economist. [21] [22] In October 2007, Harford replaced Andrew Dilnot on the BBC Radio 4 series More or Less . From November 2016, he presented an economic history documentary radio and podcast series 50 Things That Made the Modern Economy. Since November 2019, he has been presenting the podcast series Cautionary Tales. On 13 November 2020 he started a new podcast series on COVID-19 Vaccination called How to Vaccinate the World. [23]
Harford is managed by the agency Knight Ayton. [24]
Harford lives in Oxford with his wife Fran Monks, a photographer, and their three children. [24]
Claude-Frédéric Bastiat was a French economist, writer and a prominent member of the French Liberal School.
Joseph Alois Schumpeter was an Austrian political economist. He served briefly as Finance Minister of Austria in 1919. In 1932, he emigrated to the United States to become a professor at Harvard University, where he remained until the end of his career, and in 1939 obtained American citizenship.
In economics, Kondratiev waves are hypothesized cycle-like phenomena in the modern world economy. The phenomenon is closely connected with the technology life cycle.
Economic history is the study of history using methodological tools from economics or with a special attention to economic phenomena. Research is conducted using a combination of historical methods, statistical methods and the application of economic theory to historical situations and institutions. The field can encompass a wide variety of topics, including equality, finance, technology, labour, and business. It emphasizes historicizing the economy itself, analyzing it as a dynamic entity and attempting to provide insights into the way it is structured and conceived.
The parable of the broken window was introduced by French economist Frédéric Bastiat in his 1850 essay "That Which Is Seen, and That Which Is Not Seen" to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society.
Law and economics, or economic analysis of law, is the application of microeconomic theory to the analysis of law. The field emerged in the United States during the early 1960s, primarily from the work of scholars from the Chicago school of economics such as Aaron Director, George Stigler, and Ronald Coase. The field uses economics concepts to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated. There are two major branches of law and economics; one based on the application of the methods and theories of neoclassical economics to the positive and normative analysis of the law, and a second branch which focuses on an institutional analysis of law and legal institutions, with a broader focus on economic, political, and social outcomes, and overlapping with analyses of the institutions of politics and governance.
The Lucas critique argues that it is naïve to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially highly aggregated historical data. More formally, it states that the decision rules of Keynesian models—such as the consumption function—cannot be considered as structural in the sense of being invariant with respect to changes in government policy variables. It was named after American economist Robert Lucas's work on macroeconomic policymaking.
Dame Diane Coyle is a British economist. Since March 2018, she has been the Bennett Professor of Public Policy at the University of Cambridge, co-directing the Bennett Institute.
Russell David "Russ" Roberts is an American-Israeli economist. He is currently a research fellow at Stanford University's Hoover Institution and president of Shalem College in Jerusalem. He is known for communicating economic ideas in understandable terms as host of the EconTalk podcast.
The Logic of Life: The Rational Economics of an Irrational World is a book by Tim Harford published in 2008 by Random House. Harford argues that rational behavior is more widespread than expected in the larger population. He uses economic principles to draw forth the rational elements of supposedly illogical behaviors to illustrate his point.
Jamie Whyte is a New Zealand classical-liberal academic and politician who was the Leader of ACT New Zealand in 2014. He unsuccessfully contested the Pakuranga electorate in the 2014 general election. At the election, Whyte held the first position on the party list, but ACT did not achieve enough party votes to secure any list seats. Soon after the 2014 general election, he resigned from the leadership of ACT.
Arvind Panagariya is an Indian economist who is also holding the position of Jagdish Bhagwati, the Director of Deepak and Neera Raj Center on Indian Economic Policies at School of International and Public Affairs at Columbia University in New York City. He served as first vice-chairman of the government of India think-tank NITI Aayog between January 2015 and August 2017. He has been appointed as the chairman of 16th Finance Commission by the government of India. He is a former Chief Economist of the Asian Development Bank. He was awarded the Padma Bhushan by the President of India in 2012 for his contributions in the field of economics and Public Policy.
Throughout modern history, a variety of perspectives on capitalism have evolved based on different schools of thought.
Stephen T. Ziliak is an American professor of economics whose research and essays span disciplines from statistics and beer brewing to medicine and poetry. He is currently a faculty member of the Angiogenesis Foundation, conjoint professor of business and law at the University of Newcastle in Australia, and professor of economics at Roosevelt University in Chicago, IL. He previously taught for the Georgia Institute of Technology, Emory University, and Bowling Green State University. Much of his work has focused on welfare and poverty, rhetoric, public policy, and the history and philosophy of science and statistics. Most known for his works in the field of statistical significance, Ziliak gained notoriety from his 1996 article, "The Standard Error of Regressions", from a sequel study in 2004 called "Size Matters", and for his University of Michigan Press best-selling and critically acclaimed book The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice, and Lives (2008) all coauthored with Deirdre McCloskey.
Christopher Blattman is a Canadian-American economist and political scientist working on conflict, crime, and international development. He is the Ramalee E. Pearson Professor of Global Conflict Studies at the University of Chicago's Harris School of Public Policy Studies and The Pearson Institute for the Study and Resolution of Global Conflicts. He is active on Twitter as well as an early blogger on international economics and politics. He is the author of Why We Fight: The Roots of War and the Paths to Peace, published by Viking Press in 2022.
A cautionary tale is a story where a person ignores a warning and commits a dangerous or forbidden act, which leads to an unpleasant outcome.
50 Things That Made the Modern Economy is a radio show and podcast on the BBC World Service. It is presented by economist and journalist Tim Harford. The first series was broadcast between 5 November 2016 and 28 October 2017. A second series began on 30 March 2019.
Harmonies of Political Economy is an 1850 book by the French classical liberal economist Frédéric Bastiat, in which the author applauds the power and ingenuity of the intricate social mechanism, "every atom of which ... is an animated thinking being, endued with marvelous energy, and with that principle of all morality, all dignity, all progress, the exclusive attribute of man - LIBERTY." While it is regarded as Bastiat's magnum opus, it was incomplete when it was published.
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.
Cautionary Tales is a podcast produced by Pushkin Industries and hosted by economic journalist Tim Harford. Each episode presents a story of historical failure and analyzes it for patterns and lessons useful in the current day.