Lecture Examines Victorian Financial Crises and Their Lessons for the Future
WILLIAMSTOWN, Mass. — Economist Kenneth Kuttner will present the third in the annual series of faculty lectures at Williams College, "What Can Ben Bernanke Learn from Mary Poppins? Victorian Financial Crises and their Lessons for the Future," on Thursday, Feb. 25, at 4 p.m. in Wege Auditorium. The lecture is free and open to the public, and will be followed by a reception.According to Kuttner, the banking crisis of 2007-2008 is not an unprecedented one. Such upheavals were relatively common in 19th century England. Kuttner's lecture will draw parallels between the dilemmas facing modern central banks and those that occurred in England after 1844. The parallels will help illustrate the answer to the question: Can banks modulate panics by acting as a lender, while also maintaining monetary stability?
Kuttner, who is the Robert F. White Class of 1952 Professor of Economics, is the author of numerous journal articles, published widely, including the Journal of Money, Credit and Banking, Journal of Finance, Financial Review, and North American Journal of Economics and Finance.
His areas of expertise include monetary economics, central banking, financial markets, and the Japanese economy. At Williams, he has taught courses on macroeconomics, growth and sustainability, monetary policy and financial systems.
Before coming to Williams, Kuttner headed the research departments at the Federal Reserve Banks in New York and Chicago. He has been on the faculties of Oberlin College and the Columbia Business School.
He received his B.A. from the University of California at Berkeley and his Ph.D. from Harvard University.

