Wynne Godley

Wynne Godley
Wynne Godley
Born2 September 1926
London, England
Died13 May 2010(2010-05-13) (aged 83)
NationalityBritish
SpouseKitty Garman
Academic career
FieldMonetary economics
School or
tradition
Post-Keynesian economics
InfluencesJohn Maynard Keynes, Nicholas Kaldor, James Tobin, Francis Cripps
ContributionsStock-Flow Consistent Modelling
Sectoral financial balances

Wynne Godley (26 September 1926 – 13 May 2010) was an economist famous for his pessimism about the British economy and his criticism of the British government. In 2007, he and Marc Lavoie wrote a book about the "Stock-Flow Consistent" model, an analysis that predicted the 2007–2008 financial crisis. Dirk Bezemer argues that Godley was notable for predicting the nature of the Great Recession of the late 2000s well in advance, and for doing so on the basis of a formal model.