Mervyn King on the Global Economy

The Right Honorable Lord King of Lothbury, KG GBE, Former Governor, Bank of England; Professor of Economics & Law, NYU; Professor of Economics, London School of Economics; Bethany McLean, Contributing Editor, Vanity Fair

Mervyn King on the Global Economy by The Chicago Council

  The modern financial system—centered on money and banks—has facilitated unprecedented economic growth in the last two centuries. Yet it has also produced a long string of economic catastrophes, including hyperinflation, deflation, bank failures, the recent global recession, and the current stagnation in many parts of the world. According to Lord King, the mechanisms of capitalist society rest on faith in a financial system that often defies reality and common sense. How can we avoid the boom–and–bust cycle? What must be done to provide a clear path to durable prosperity?


Speaker Bio


Lord Mervyn King: 'Forgive them their debts’ is not the answer
Mervyn King, The Telegraph, 2/28/2016

Mervyn King: the eurozone is doomed
Szu Ping Chan, The Telegraph, 2/28/2016

World economy stands on the cusp of another crash, warns Lord Mervyn King
Ben Marlow, The Telegraph, 2/27/2016


5:30 p.m.            
Registration and cash bar reception

6:00 p.m.            
Presentation and discussion

7:15 p.m.            
Adjournment and book signing

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