BoE to challenge orthodoxy with research ‘revolution’


The Bank of England (BoE) is about to undergo a "revolution" in its research department that will see economists challenging the status quo and adopting a more publicly questioning attitude to policy-making, according to the BoE's chief economist, Andrew Haldane.

Standing out somewhat among a line-up of neuroscientists and psychologists at an event held by the Royal Society of Medicine in London today, Haldane unveiled the central bank's new approach.

"The Bank is about to embark on what will be

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