Tim Congdon
{{Short description|British economist}}
{{Use dmy dates|date=April 2022}}
{{Infobox person
| name = Timothy George Congdon
| image =
| birth_date = {{Birth date and age|1951|04|28|df=y}}
| nationality = British
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Timothy George Congdon CBE (born 28 April 1951){{cite news|title=Birthday's today|url= https://www.telegraph.co.uk/archive/2011-4-28.html |archive-url= https://web.archive.org/web/20110428041642/http://www.telegraph.co.uk/archive/2011-4-28.html |url-status= dead |archive-date= 28 April 2011 |newspaper=The Daily Telegraph|access-date=22 April 2014|date=28 April 2011|quote=Prof Tim Congdon, economist, 60 }} is a British economist.Tim Congdon's political website, accessed on 21 October 2011 at: {{cite web |url=http://www.timcongdon4ukip.com/tim_congdon_statement.html |title=Tim Congdon - Supporters Website - 2010 UKIP leadership contest - Personal Statement |access-date=2011-10-21 |url-status=dead |archiveurl=https://web.archive.org/web/20110717060137/http://www.timcongdon4ukip.com/tim_congdon_statement.html |archivedate=2011-07-17 }}
Early life
Career
Over the years, he has accumulated a long record of commenting on public policy issues, including writing sympathetically about (and deploying in his own analysis) the monetarist approach to macroeconomic policy. He has considerable experience working in the City of London and was the founder of the macroeconomic forecasting consultancy Lombard Street Research. Between 1993 and 1997 he was a member of the Treasury Panel that advised the Conservative government on economic policy, sometimes referred to as the "wise men".{{Cite web|url=http://entertainment.timesonline.co.uk/tol/arts_and_entertainment/the_tls/article7073767.ece|archive-url=https://web.archive.org/web/20110615121450/http://entertainment.timesonline.co.uk/tol/arts_and_entertainment/the_tls/article7073767.ece|url-status=dead|archive-date=15 June 2011|title = TLS - Times Literary Supplement|website=The Times}}{{cite web|url=https://www.timesonline.co.uk/tol/comment/columnists/guest_contributors/article4863694.ece|title=The harsh arithmetic behind the banking crisis
|author=Tim Congdon|publisher=Times Newspapers|date=October 2, 2008|access-date=2011-12-02}}
Since May 2008, he has been the economic correspondent for Standpoint magazine.{{cite web|last=Mosbacher |first=Michael |url=http://www.socialaffairsunit.org.uk/blog/archives/001816.php |title=Web Review: Standpoint - The July Issue |publisher=The Social Affairs Unit |date=2008-06-25 |access-date=2010-09-05}} He set up the economic advisory group International Monetary Research Ltd. in 2009; it applies Congdon's monetarist approach.
In January 2011 Congdon became the Honorary Chairman of The Freedom Association. He is on the Advisory Council of the Reform think tank.Reform, [http://www.reform.co.uk/Aboutus/Ourpeople/AdvisoryCouncil/tabid/107/Default.aspx Advisory Council] {{webarchive|url=https://web.archive.org/web/20110726200319/http://www.reform.co.uk/Aboutus/Ourpeople/AdvisoryCouncil/tabid/107/Default.aspx |date=2011-07-26 }}, accessed 15 May 2011 He was made a Fellow of the Royal Economic Society in May 2025.https://res.org.uk/the-royal-economic-society-announces-founding-fellows/
Northern Rock bail-out
Congdon was a prominent defender of the UK Government's action to lend to Northern Rock, arguing that it was quite likely to make money for the government.Tim Congdon [http://www.ft.com/cms/s/0/ddf4c35e-88e5-11dc-84c9-0000779fd2ac.html Northern Rock is making money for taxpayers], Financial Times, 2 November 2007. He is a small shareholder in Northern Rock, a fact that he has disclosed publicly after writing on this issue.Richard Wachman [http://observer.guardian.co.uk/business/story/0,,2204732,00.html "Stop Northern Rock fire sale, say investors"], The Observer, 4 November 2007.
Politics
Congdon stood as UK Independence Party candidate for the Forest of Dean constituency in the 2010 General Election, obtaining 5.2% of the votes cast and saving his deposit. In October 2010 he stood unsuccessfully for the leadership of the party. In 2015 he was replaced as the UKIP candidate for Forest of Dean by Steve Stanbury. Congdon supported Britain's exit from the European Union in the UK's 2016 EU referendum.{{Cite web|url=https://standpointmag.co.uk/issues/september-2017/marketplace-september-2017-tim-congdon-brexit-better-employment/|title=Brexit Boom | Tim Congdon|date=Aug 29, 2017|website=Standpointmag.co.uk|access-date=August 25, 2020}}
Books
- Basic Economics: A Dictionary of Terms, Concepts, and Ideas (London: Arrow Books, 1976, with Douglas McWilliams) {{ISBN|978-0099130208}}
- The Quantity Theory of Money: A New Restatement (London: Institute of Economic Affairs, 2024) {{ISBN|978-0255368421}}
References
{{Reflist}}
External links
- [http://www.imr-ltd.com International Monetary Research Ltd.]
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Category:People educated at Colchester Royal Grammar School
Category:UK Independence Party parliamentary candidates
Category:Members of the Freedom Association
Category:Commanders of the Order of the British Empire
Category:Alumni of St John's College, Oxford