Why Was Iceland Left Out in the Cold? And Kept There?

On Thursday 27 November at 6:30pm, the IEA will be joined by Professor Hannes Hólmsteinn Gissurarson, professor of political science at the University of Iceland. Explaining the events leading up to the collapse of the Icelandic bank in October 2008 and Britain's response, Professor Gissurarson’s lecture is set to offer an exciting insight into Iceland's economy. 

Please RSVP if you would like to attend. For more information, click here

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By Stephen Michael MacLean, 27th Nov 2014 ( comments)

What can account for the depressed nature of Keynes’s ‘animal spirits’, as US growth remains below usual post-recession recovery figures? Roger Koppl gives an answer. ‘Interventionist policies create uncertainty, raise the costs of financial intermediation and discourage investment. I might almost say that the problem is not that the government has done too little, but that it has done too much.'

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