James Forder


James Forder is a British academic / economist and Tutorial Fellow in Economics at Balliol College, University of Oxford. He is editor of Oxford Economic Papers. He co-authored the book "Both Sides of the Coin" along with Chris Huhne in 1998, arguing the case against Britain's membership of the euro.
A staunch academic opponent of the euro, Forder has argued that its inception was political and not economic, and that its introduction will ultimately destabilise the institutions of the European Union; thus it should be opposed by liberal pro-Europeans. He is firmly opposed to Central Bank independence and has written a string of academic articles on this topic. He has also written "The case against voting reform", attacking the principle of proportional representation and opposing the alternative vote for British Parliamentary elections.
He has conducted extensive research into the history of economists' thinking about the 'Phillips curve' arguing that stories about that history often told in textbooks and elsewhere are incorrect. In 'Macroeconomics and the Phillips curve myth' OUP 2014 he argued that there was nothing original about the idea of a negative relation between wage change and unemployment in 1958; almost no one thought Phillips' paper suggested the desirability of inflation; and the 'expectations argument'—supposedly an invention of the late 1960s—was well known all through the 1950s.
Forder is a keen bridge player and a senior member of the Balliol College Bridge Club.