Scoop.co.nz
Collins Comments
This week, I attended an extremely interesting speech given by Dr Alan Bollard, Governor of the Reserve Bank. It wasn't on interest rates or inflation but was on the life and work of AW ‘Bill’ Phillips (1914-75) Bill Phillips was a New Zealand economist who spent much of his academic life at the London School of Economics (LSE) and who created the Phillips curve describing the relationship between the rate of inflation and unemployment.
http://www.scoop.co.nz/stories/PA0807/S00332.htm

The National Business Review, New Zealand
Three bears trample Goldilocks
I suspect New Zealand will imitate the British experience. The UK crash is significant because it is occurring without a grinding recession and high unemployment to force sales. Yet the correction is occurring closer to the peak than in the 1990s, and the fall is steeper. Most models assume a correction greater than the 20 per cent that occurred then, partly because the housing crisis is going to hit the economy very hard. Goldman's predict a fall of 35 per cent. Former monetary policy committee member, Professor Charles Goodhart of the London School of Economics, predicts a ‘dire’ situation.
(Source: Lexis)

Late-edition headlines

American Spectator
Risks of Reimportation
In Europe, a London School of Economics Study found that middlemen routinely buy drugs at prices set by their local government and then resell them at a hefty markup to customers in other countries. They almost certainly would do the exact same thing to American customers if (re)importation were legalized.
http://www.spectator.org/dsp_article.asp?art_id=13548

Silcon.com
UK youths going mobile web crazy
Mobile social networking is also popular with many gadget-owning Brits, the survey conducted by ICM Research and the London School of Economics (LSE) for mobile operator Vodafone has found.
http://networks.silicon.com/mobile/0,39024665,39260558,00.htm

Techradar.com
Kids rate mobile phone as best friend
According to the latest Mobile Life Report, published by The Carphone Warehouse, kids rate their mobiles as their best friend. Dr Sorensen, senior lecturer in Information Systems at the London School of Economics and Political Science said: ‘We found interesting similarities and differences in our study of two countries.’
http://www.techradar.com/news/phone-and-communications/kids-rate
-mobile-phone-as-best-friend-426542

NewsMax
London Professor: $500 Oil? Not a Problem…
Even if oil prices hit $500 a barrel, that price is acceptable, says Willem Buiter, a professor of European political economy at the London School of Economics and Political Science. Buiter in a recent article cited oil experts who have long believed that oil prices will reach $200 and even up to $500 a barrel during the next three to five years. ‘While your guess is as good as mine (likely better), none of these figures seem outlandish,’ Buiter says.
http://moneynews.newsmax.com/streettalk/lse_prof_on_high_oil/2008/
07/17/113655.html

Times (14 July)
This recession could easily tip into a depression
In 2006 Pickering and Chatto, which I refounded in the 1980s, had the good timing to publish a three-volume History of Financial Disasters, under the general editorship of Mark Duckenfield [lecturer in the Politics of the World Economy at LSE].
http://www.timesonline.co.uk/tol/comment/columnists/william_rees_mogg
/article4326794.ece

LSE people on TV/Radio

BBC Radio 4
Today Programme (17 July)
School Governor and pensions expert Ros Altmann appeared on the programme discussing the Equitable Life collapse.
http://news.bbc.co.uk/today/hi/today/newsid_7510000/7510921.stm

Thinking Allowed (16 July)
According to Robert Ross, author of new book Clothing: A Global History, leaders of the most powerful countries in the world have one thing in common: their choice of clothes. Laurie Taylor is joined by Dr Robert Ross and social anthropologist Henrietta Moore [Professor of Social Anthropology at LSE] to discuss the world domination of the western business suit
http://www.bbc.co.uk/radio4/factual/thinkingallowed/thinkingallowed_2
0080716.shtml

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