By Ian McConnell
In the Scottish independence debate, Danny Blanchflower, an economist and former member of the Monetary Policy Committee, stressed his intention to discuss key topics, such as currency options, when he took up a position at the University of Glasgow.
In an interview with The, Blanchflower, who will maintain his post at Dartmouth College in the U.S. and visit Scotland frequently in his new role, said that he was “excited” by the prospect of working with Sir Anton Muscatelli, vice-chancellor of Glasgow University.
The economist, formerly a visiting professor at the University of Stirling, said that he would be looking at independence problems, such as what it would be like to set up a central bank and currency options. He cited options for joining the euro, retaining the pound or establishing a monetary union with countries like Sweden and Iceland. Mr. Blanchflower, who has three grandchildren in Scotland, said, “Whichever side you’re on, you have to have an answer.”
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He also pointed to the need to “make the economy understandable and adaptable.” Blanchflower, who is heading to the economics department at Adam Smith Business School at the university, said, “I will literally come to think about Scotland.”
Noting the relatively high popularity of the Scottish government with voters and its choices to make period goods free and give Scots free tuition, while still supporting the nation’s support for membership in the European Union, he added: “I think suddenly Scotland’s appeal has really jumped.”
Sir Anton said, “Danny comes with an unrivaled reputation and track record and will be a fantastic addition. Looking ahead to the post-Brexit economic recovery, it has never been more important to have well-informed economic commentary and I am delighted that we will benefit from Professor Blanchflower’s expertise.”
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“The Adam Smith Business School is delighted to welcome Professor Danny Blanchflower as a Visiting Professor. Danny is internationally renowned for his expertise in economic policy and will bring that experience to the University of Glasgow.” said Sara Carter, Deputy Vice-Chancellor and Head of the University’s College of Social Sciences. Danny is internationally renowned for his economic policy expertise and will bring that experience to the University of Glasgow.
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Mr. Blanchflower was “renowned for his expertise in labor economics, where he has made long-lasting contributions to the understanding of unemployment, wages, jobs, health and happiness, and has pushed the boundaries of different disciplines.” said the University of Glasgow.
He noted that in June 2009, in the Queen’s Birthday Honors List, Mr. Blanchflower, a research fellow at the National Bureau of Economic Research, was appointed Commander of the British Empire for “services to the Monetary Policy Committee and the economy.”
“I am very much looking forward to joining the Economics Department of the Adam Smith Business School at the University of Glasgow. These are crucial days in understanding how the U.K. economy, and the Scottish economy in particular, will recover from the pandemic and the associated economic slowdown.”I look forward to joining the Adam Smith Business School’s Economics Department at the University of Glasgow. These are crucial days in understanding how the U.K. economy, and in particular the Scottish economy, will recover from the pandemic and the associated economic slowdown.
“work closely with the School in a variety of ways, contributing to learning and teaching in the areas of central banking, productivity and prosperity, as well as collaborating with academics and research students on applied research and policy-related economics projects.”work closely with the School in a variety of ways, contributing to core banking, productivity and prosperity learning and teaching, as well as collaborating on applied research and policy-related economics projects with scholars and research students.
John Finch, Adam Smith Business School Head, said, “We are pleased to announce Professor Blanchflower’s appointment and welcome him to the Adam Smith Business School.”
He added that Mr. Blanchflower “brings a wealth of expertise to the School to contribute to economic policy and raise the public profile of economics in the research and policy communities in Scotland, the UK and internationally.”
“We very much look forward to his contribution and to working with and learning from him.” Mr. Finch added.