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12:30 - 14:30 10 May 2016
The End of Alchemy: Money, Banking and the Future of the Global Economy? - Lord Mervyn King
Cruciform B3.04 LT1 |
Gower Street | London | WC1E 6BT | United Kingdom
Ticketing: Pre-booking essential
Lord Mervyn King, was Governor of the Bank of England from 2003 to 2013, and is currently Professor of Economics and Law at New York University and School Professor of Economics at the London School of Economics. Lord King was made a life peer in 2013, and appointed by the Queen a Knight of the Garter in 2014.
The Global Governance Institute will host Lord Mervyn King, Governor of the Bank of England from 2003-2013. Lord Mervyn will talk about his book in conversation with Professor David Tuckett, Head of the Centre for the Study of Decision-Making Uncertainty at UCL in the Faculty of Brain Sciences. This will be followed by Q&A and book-signing.
In his book 'The End of Alchemy: Money, Banking and the Future of Global Economy', Lord Mervyn argues for fundamental changes to the financial system in order to reduce the risk of a new crisis.The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialized world has ever witnessed. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. The End of Alchemy explains why, ultimately, this was and remains a crisis not of banking - even if we need to reform the banking system - nor of policy-making - even if mistakes were made - but of ideas.
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