Richard Layard over “snoeien om te groeien”
Viv Davies talks to Richard Layard about his and Paul Krugman’s recently published ‘Manifesto for Economic Sense’, which aims to generate a movement of economists who are prepared to speak out against policies they know to be wrong – the excessive austerity of current fiscal policies. They discuss the role of the ECB as lender of last resort and whether the current bank-led capitalist culture can ever be changed. The interview was recorded in London on 5 July 2012.
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Richard Layard, Baron Layard (born 15 March 1934) is a British economist. He was founder-director in 1990 of, and is a current programme director at, the Centre for Economic Performance at the London School of Economics.
In his early career he was Senior Research Officer for the famous Robbins Committee on Higher Education. This committee’s report led to the massive expansion of UK university education in the 1960s and 1970s. Apart from various academic positions he has held since the 1960s, Layard has worked as an advisor for numerous organizations, including government institutions in the United Kingdom and Russia.
Since 2000, Layard is a Labour life peer in the House of Lords as Baron Layard, of Highgate in the London Borough of Haringey. In 1991, he married Molly Christine Meacher, who was formerly married to Michael Meacher. Molly, styled Lady Layard between 2000 and 2006, was herself created a life peer in 2006 as Baroness Meacher. They are one of the few couples to both hold titles in their own right.