1989 | OriginalPaper | Chapter
Turbulence in the Foreign Exchange Markets and Macroeconomic Policies
Author : Jacob A. Frenkel
Published in: Monetary Economics in the 1980s
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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I would like to open my lecture by saying that I am greatly honoured and privileged to have been invited to deliver the Henry Thornton Lecture this year. Henry Thornton was born on 10 March 1760 and died in his 55th year on 16 January 1815. He was an extraordinary man, and a distinguished economist and the series of lectures established in his memory have performed the important function of paying tribute to this great man. As an MP he could have been honoured for his contributions to the development of the British political system; as a dedicated philanthropist who followed the tenets of Evangelism and who associated himself with the Clapham Sect he could have been honoured for his contributions to religious and social causes; and of course as an economist he is being honoured this evening for his contributions to the development of fundamental concepts and analyses in political economics.