Sir Charles Richard Bean (born 16 September 1953) is a British economist and Professor of Economics at the
London School of Economics
, mottoeng = To understand the causes of things
, established =
, type = Public research university
, endowment = £240.8 million (2021)
, budget = £391.1 millio ...
. He was previously
Deputy Governor for Monetary Policy at the
Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ...
from 1 July 2008 until 30 June 2014. From 2000 to 2008, he served as Chief Economist at the Bank.
Bean attended
Brentwood School and
Emmanuel College, Cambridge
Emmanuel College is a constituent college of the University of Cambridge. The college was founded in 1584 by Sir Walter Mildmay, Chancellor of the Exchequer to Elizabeth I. The site on which the college sits was once a priory for Dominican mon ...
, and was a contemporary of the comedian
Griff Rhys Jones
Griffith Rhys Jones (born 16 November 1953) is a Welsh comedian, writer, actor, and television presenter. He starred in a number of television series with his comedy partner, Mel Smith. Rhys Jones came to national attention in the 1980s for h ...
at both and the writer,
Douglas Adams
Douglas Noel Adams (11 March 1952 – 11 May 2001) was an English author and screenwriter, best known for ''The Hitchhiker's Guide to the Galaxy''. Originally a 1978 BBC radio comedy, ''The Hitchhiker's Guide to the Galaxy'' developed into a " ...
, and the
Member of Parliament
A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members of ...
(MP)
Fabian Hamilton
Fabian Uziell-Hamilton (born 12 April 1955) is a British Labour Party politician who has been the Member of Parliament (MP) for Leeds North East since 1997. He was appointed Shadow Minister for Peace and Disarmament in November 2016.
Educati ...
at Brentwood School. He gained his PhD at the
Massachusetts Institute of Technology
The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...
in 1981 with a thesis titled ''Essays in unemployment and economic activity'' under the supervision of
Robert Solow
Robert Merton Solow, GCIH (; born August 23, 1924) is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Ma ...
. In 1990 he was visiting Professor at
Stanford University
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
in 1990, and then a lecturer at the
London School of Economics
, mottoeng = To understand the causes of things
, established =
, type = Public research university
, endowment = £240.8 million (2021)
, budget = £391.1 millio ...
, becoming a professor in 1990 and head of the Economics Department in 1999.
He has published articles on European unemployment, the
Economic and Monetary Union
An economic and monetary union (EMU) is a type of trade bloc that features a combination of a common market, customs union, and monetary union. Established via a trade pact, an EMU constitutes the sixth of seven stages in the process of economic ...
, and on
macroeconomics
Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole.
For example, using interest rates, taxes, and ...
generally. He was Managing Editor of the ''
Review of Economic Studies
''The Review of Economic Studies'' (also known as ''REStud'') is a quarterly peer-reviewed academic journal covering economics. It was established in 1933 by a group of economists based in Britain and the United States. The original editorial team ...
'' from 1986 to 1990. Bean has also served in a variety of public policy roles, such as consultant to
Her Majesty's Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...
and as special adviser to both the
Treasury Committee of the House of Commons and to the
Economic and Monetary Affairs Committee of the European Parliament. He was a special adviser to the
House of Lords
The House of Lords, also known as the House of Peers, is the Bicameralism, upper house of the Parliament of the United Kingdom. Membership is by Life peer, appointment, Hereditary peer, heredity or Lords Spiritual, official function. Like the ...
enquiry into the
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#Intern ...
.
He was
knighted
A knight is a person granted an honorary title of knighthood by a head of state (including the Pope) or representative for service to the monarch, the Christian denomination, church or the country, especially in a military capacity. Knighthood ...
in the
2014 Birthday Honours
The 2014 Birthday Honours were appointments by some of the 16 Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. The Birthday Honours are awarded as part of ...
for services to monetary policy and central banking. He is a fellow of the
European Economic Association
The European Economic Association (EEA) is a professional academic body which links European economists. It was founded in the mid-1980s. Its first annual congress was in 1986 in Vienna and its first president was Jacques Drèze. The current pres ...
.
References
External links
Bank of England biography
{{DEFAULTSORT:Bean, Charlie
1953 births
Living people
Academics of the London School of Economics
British economists
Alumni of Emmanuel College, Cambridge
MIT School of Humanities, Arts, and Social Sciences alumni
Civil servants in HM Treasury
People educated at Brentwood School, Essex
Deputy Governors of the Bank of England
Knights Bachelor
Fellows of the European Economic Association