Professor George Selgin on stability without Central Banks



The 2016 Hayek Memorial Lecture, held on 8 June 2016 at Church House Conference Centre, hosted keynote speaker Professor George Selgin, who spoke on the subject “Price Stability and Financial Stability without Central Banks – lessons from the past for the future.”



Prof George Selgin is a senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute and Professor Emeritus of Economics at the University of Georgia. His research covers a broad range of topics within the field of monetary economics, including monetary history, macroeconomic theory, and the history of monetary thought.



This year’s Hayek Lecture was hosted as part of our Paragon Initiative: the most comprehensive project ever undertaken by the IEA.



This five year programme will provide a fundamental reassessment of what Government should – and shouldn’t – do. It will put every area of government activity under the microscope and analyse the failure of current policies.