Opinion from INET Hong Kong: Laissez Failure

April 6th, 2013
in Op Ed

Lord Adair Turner: from laissez faire to laissez failure

by Dirk Ehnts, Econoblog101

The INET (Institute for New Economic Thinking) Hong Kong conference is on, and Lord Adair Turner, now a senior fellow at INET, gave the dinner speech. Due to a Freudian slip in my hearing I came up with the title, which is not what he actually said. There was something in the speech about a "lesser failure", but the title quite nicely summarizes the speech. Turner traces the ideas of the old guard of economists from the 1930s and their understanding of money and banking. It is a very good summary and makes one wonder why Lord Turner is not head of the Bank of England.

turner,adair

Follow up:

Slides and full paper are available here.  This is an in depth look at remarks made previously by Turner regarding the use of debt-free money.









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved