Video - What Policymakers Can Learn From Economic History

Professor Sheilagh Ogilvie gave the Thought Experiment Lecture at the Cabinet Office on 18 October to officials from the Cabinet Office, HM Treasury, and other government departments. The lecture emphasized, on the basis of European economic history, that policymakers should regard institutions as an integrated system rather than a menu from which one or two items can be chosen.

This short video, recorded at the Treasury, explains why she thinks economic history has lessons for policymakers.