Wolf, Turner and King on the Global Financial Crisis

Martin Wolf, Mervyn King and Adair Turner have all published significant and important books* about the view from their ring-side seats, respectively at the FT, Bank of England, and the Financial Services Authority, during the financial crisis of 2008 and its aftermath.

The three share a common critique of the banking system and its reliance on private debt, yet each has a distinctive slant on these events and their causes and, most importantly, their proposed remedies. In this, all three indicate a sympathetic understanding of Positive Money's own reform proposals, yet fall short of whole-heated endorsement.

In this talk, Mike O'Keefe will examine the commonalities and contrasts between the three authors and our own diagnosis and prescription.

*The three books, of course, are Martin Wolf's The Shifts and the Shocks (2014), Mervyn King's The End of Alchemy (2016) and Adair Turner's Between Debt and the Devil (2016). But there is no reason why you should have read the books in order to participate in a lively and informed discussion of their conclusions.

You can find us in the upper room of The Prince of Greenwich pub.

We hope you can join us!

Mike and Tim