Yanis Varoufakis, Isabella Weber, John Redwood, Vicky Pryce & Roger Hearing

Although there has been a recent fall, central banks are widely seen to have failed to control inflation. Bank models failed to predict the 2008 crash or the more recent cost of living crisis. Should we conclude that central bank failures to predict, let alone avoid, economic crises is evidence of a deep underlying flaw in their understanding? Or were banks just negligent in their failure to respond to evidence of rising inflation? All of this and more was discussed over an evening of talks and debates with activist economists and highly regarded academics. 

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