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How to build a cohesive society

6pm Tue 4 June | Margaret Levi, Marc Stears, Jonathan Wolff | Registration Required | Free public event at LSE

Envisioning an economy that works for all

LSE will launch a major new initiative focused on the political economy of 'cohesive capitalism', thanks to a gift from the Open Society Foundations.

Michael Lipton Lecture - Institute of Development Studies

World Bank, IMF Launch High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth

Bernanke, Gertler, Kiyotaki and Moore win the Frontiers of Knowledge Award in Economics

 E-Mail IMAGE: Ben Bernanke, Mark Gertler, Nobuhiro Kiyotaki, and John Moore, winners of the BBVA Foundation Frontiers of Knowledge Award in Economics. view more  Credit: BBVA FOUNDATION The BBVA Foundation Frontiers of Knowledge Award in the Economics, Finance and Management category has gone in this thirteenth edition to Ben Bernanke (The Brookings Institution, Washington DC), Mark Gertler (University of New York), Nobuhiro Kiyotaki (Princeton University) and John Moore (University of Edinburgh) for fundamental contributions to our understanding of how financial market imperfections can amplify macroeconomic fluctuations and generate deep macroeconomic recessions, in the words of the award citation. In the last 15 years, says the committee, advanced economies have been hit by large macroeconomic shocks arising from the financial side. By 2008, fuelled by the liquidity glut stemming from emerging countries and by lax prudential supervision, many financial instit