1. Anthony Patrick Leslie Minford was born on 17 May 1943 and is a British macroeconomist who is professor of applied economics at Cardiff Business School, Cardiff University, a position he has held since 1997.
15 Facts About Patrick Minford
1. 2.
Patrick Minford was Edward Gonner Professor of Applied Economics at the University of Liverpool from 1976 to 1997.
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In 2016, Minford was a notable member of the Economists for Brexit group which, in opposition to the consensus view of economists, advocated the UK leaving the European Union and claimed large economic benefits.
4.
Patrick Minford is the elder brother of John Minford, who is an academic and translator of Classical Chinese.
5.
Patrick Minford worked at the Ministry of Overseas Development and then as an economic adviser to the Ministry of Finance of Malawi.
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Patrick Minford then took a position as an economic adviser to HM Treasury's External Division.
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Patrick Minford was appointed as economics fellow at Manchester University in 1974, becoming editor at the National Institute of Economic and Social Research in 1975, where he began to build the so-called Liverpool Model with Kent Matthews.
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Patrick Minford gained prominence in 1981 when 364 leading economists published a statement criticising Margaret Thatcher's economic policies; Patrick Minford replied by defending the Government in The Times.
9.
Patrick Minford was a supporter of the theories of Milton Friedman, a prominent member of the Mont Pelerin Society founded in 1947 by a group of 36 scholars meeting in Mont Pelerin, Switzerland.
10.
Patrick Minford was against Nigel Lawson's policy of pound sterling shadowing the Deutschmark.
11.
Patrick Minford was against Britain joining the European Exchange Rate Mechanism because he thought it was having a bad effect on recovering from recession and keeping down interest rates.
12.
Patrick Minford argues that they are in most respects contrary to free market principles and that British citizens had no power to alter them.
13.
In 2016, Patrick Minford was a notable member of the Economists for Brexit group which supported the referendum campaign for the UK to leave the European Union.
14.
Patrick Minford favoured the Community Charge or poll tax as a way of keeping down local government spending to levels chosen by local citizens.
15.
Patrick Minford was appointed Commander of the Order of the British Empire in the 1996 New Year Honours for services to economics.