I am professor of finance and economics at Durham University Business School.
I am interested in monetary, financial and macroeconomics, and in political economy generally. My main interest is in free banking or laissez-faire financial systems and private money, but I am also interested in central banking and financial regulation, monetary economics, macroeconomics, sound money, financial risk management, pensions/PensionMetrics and mortality and longevity risk.
Recent projects include bank capital adequacy, central bank stress tests, Brexit, the War on Cash, digital currency, Napoleonic war finance, living with unreliable mortality data (a big problem in the life actuarial field) and modelling socio-economic differences in Danish mortality.
I take a Classical Liberal perspective on policy issues and my thinking is heavily influenced by Friedrich Hayek, Milton Friedman and Public Choice economics, which teaches us to see policy issues in terms of underlying vested interests, including those of public agencies such as central banks and regulatory agencies.
I am an adjunct scholar at the Cato Institute (Washington), a senior fellow of the Adam Smith Institute (London) and of the Cobden Centre for Honest Money and Social Progress, a member of Economists for Free Trade (formerly Economists for Brexit), a research fellow of the Independent Institute (Oakland, CA), and a member of the academic advisory board of the Institute of Economic Affairs (London). I also work with Cobden Partners (London), the Istituto Bruno Leoni (Turin) and Sofia Business School (Sofia, Bulgaria).
BA (First Class Honours), University of Sheffield (1980); MA (Economics), University of Western Ontario (1981); PhD (Economics), University of Sheffield (1988).
I live in Sheffield, England.
Prospective PhD students
I am sorry but I am unable to take on any PhD supervisions for the time being.
Durham University Business School, Mill Hill Lane, Durham DH1 3LB, United Kingdom.
Email: firstname.lastname@example.org; email@example.com.
If you wish to contact me, my preferred contact in the first instance is firstname.lastname@example.org.
Date: 19 September 2017