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SUMMARY:St Catharine's Political Economy Seminar Series - Speaker: Peter S
 inclair - Peter Sinclair\, University of Birmingham 
DTSTART:20161019T170000Z
DTEND:20161019T183000Z
UID:TALK68010@talks.cam.ac.uk
CONTACT:Philippa Millerchip
DESCRIPTION:The next St Catharine's Political Economy Seminar in the serie
 s on the Economics of Austerity\, will be held on Wednesday 17 February 20
 16. Peter Sinclair will give a talk on "In Search of Smart Fiscal Policies
 ". The seminar will be held in the Ramsden Room at St Catharine's College 
 from 6.00-7.30 pm. All are welcome. The seminar series is supported by the
  Cambridge Journal of Economics and the Economics and Policy Group at the 
 Cambridge Judge Business School.\n\n*Speaker*:\nProfessor Peter Sinclair t
 aught Economics at Brasenose College Oxford from 1970 to 1994\, when he mo
 ved to a chair at University of Birmingham.  His main interests lie in int
 ernational\, macro\, monetary\, and taxation economics - and in the specia
 l subjects of unemployment policy and climate change economics. Though now
  the Department of Economics Emeritus Professor at the University of Birmi
 ngham\, he still lectures and supervises PhD students there.  Professor Si
 nclair also works at the LSE and\, also\, in a peripheral role\, at the Ba
 nk of England.  His first main book was The Foundations of Macroeconomic a
 nd Monetary Theory (OUP\, 1983). \nHis overseas activities include directi
 ng central banking courses for Seanza. His research has appeared in over t
 wenty learned journals\, and in numerous books\, some of which he has edit
 ed or written\, usually with others.\n \n*Talk Overview*:\nPeter Sinclair 
 will talk on whether right or misconceived\, austerity policies often invo
 lve improvements in one aspect of the public finance ledger and deteriorat
 ions on other aspects.  What look like savings in public expenditure at on
 e date may increase it later on\, for example\, or entail losses of tax re
 venue.  The lecture will concentrate on a number of possible measures of a
  very different\ncharacter: decisions that could\, for instance\, increase
  tax receipts and at the same time help to reduce the discounted present v
 alue of public expenditure streams into the bargain.  We could describe th
 is as a search for 'smart' fiscal policies.  The lecture will range on a w
 ide variety of items that might have the potential to achieve these double
 -edged benefits for the public balance sheet\, and often\, though not alwa
 ys\, offer the prospect of potential gains to welfare on some definition a
 s well.
LOCATION:The Ramsden Room\, St Catharine's College
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