Autumn 2010 | Public lectures and events | Video

Lionel Robbins Memorial Lectures - Market Efficiency and Rationality: Why Financial Markets are Different


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Contributor(s): Lord Turner | Lord Turner will deliver the 2010 Lionel Robbins Memorial Lecture Series, running for three consecutive evenings (11/12/13 October). The overall theme of the 3 lectures is Economics after the Crisis. Amid the financial crash there was much talk of a crisis of capitalism and the need for a revolution in economics. Two years on much work is in hand to reform global financial regulation, but it is not clear that the crisis will produce change as radical as initially supposed. Adair Turner will argue, however, that the crisis should provoke us to think deeply about the conventional wisdom of the last several decades in which economic growth maximisation is the clear objective of economic policy, and market liberalisation, including in financial markets, the universally applicable means.
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