Tim Congdon OBE is an economist and businessman, who has for over 30 years been a strong advocate of sound money and free markets in the UK’s public policy debates. He is a controversial figure in British economic policy-making, because of his consistent advocacy of the importance of money and banking to macroeconomic outcomes.
Tim founded the economic research consultancy, Lombard Street Research, in 1989 and was its Managing Director from then until 2001. His most influential public role was as a member of the Treasury Panel of Independent Forecasters (the so-called “wise persons”) between 1992 and 1997 who advised the Chancellor of the Exchequer on economic policy.
Although most of his career was as an economist in the City of London, he has been a visiting professor at Cardiff Business School and the City University Business School (now Cass Business School). He founded the Institute of International Monetary Research at the University of Buckingham in 2014, and is now the Institute’s chairman.
Tim’s long-term project is a book on Money in a Modern Economy, which is to bring together his views on how an economy with a central bank and commercial banking system works.
Since May 2008, he has been the economic correspondent for Standpoint magazine and is a long self-proclaimed Eurosceptic.
Tim Congdon joined the UK Independence Party in January 2007, out of despair at the political elite’s betrayal of Britain’s independence to the European Union. In 2010 Tim made a bid for the UKIP leadership but was runner-up to Nigel Farage.
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