Professor Richard Lipsey is Professor Emeritus of Economics at Simon Fraser University in Canada. He has won a number of awards and distinctions for his contributions to Economics. He is a Fellow of the Canadian Institute for Advanced Research and was a member of their large scale international research project on Economic Growth and Policy until its completion in 2002. Professor Lipsey has served as an independent policy advisor to national organizations in both the UK and Canada. He hasauthored several textbooks and over 150 articles on aspects of theoretical and applied economics. Professor Alec Chrystal is Professor of Money and Banking at Sir John Cass Business School, City of London. Prior to this he was Professor of Economics at Sheffield University. Professor Chrystal has also served as a senior advisor to the Bank of England's monetary analysis wing and is Vice-President of the British Association for the Advancement of Science Section F (Economics). He is a memberof the editorial board of the Review of Financial Economics and is a committee member of the Money, Macro and Finance Study Group. He has published widely in this area, authoring several books and monographs as well as articles featured in a number of journals.
