Contributor(s): Professor Lord Desai, Professor Charles Goodhart, Stephen King | Meghnad Desai discusses his latest book Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One with Stephen King of HSBC. Meghnad Desai worked at LSE in the Economics Department from 1965 onwards, and is now Honorary Fellow and Emeritus Professor. He has written over 25 books and 200 articles in refereed journals. He is a Labour Peer and has received the Padma Bhushan from the Government of India. Charles Goodhart, a former member of the Bank of England’s Monetary Policy Committee, is Emeritus Professor at the London School of Economics, and Director of the Financial Regulation Research Programme in the Financial Markets Group. Stephen King (@KingEconomist) is Group Chief Economist at HSBC. He is also a successful author. His latest book, When the Money Runs Out, was published by Yale University Press in May 2013 and was selected as a “book of the year” by the Financial Times, The Economist and The Times. Timothy Besley is School Professor of Economics and Political Science at LSE. He is also a Visiting Professor at the Institute for International Economic Studies at Stockholm University. From September 2006 to August 2009, he served as an external member of the Bank of England Monetary Policy Committee. The Department of Economics at LSE (@LSEEcon) is one of the largest economics departments in the world. Its size ensures that all areas of economics are strongly represented in both research and teaching. The Centre For Macroeconomics (@CFMUK) brings together world-class experts to carry out pioneering research on the global economic crisis and to help design policies that alleviate it.