Department of Economics public lecture
Date: Thursday 3 May 2012
Time: 6.30-8pm
Venue: Old Theatre, Old Building
Speaker: Professor Robert Shiller
Chair: Professor Steve Pischke
The reputation of the financial industry could hardly be worse than it is today with the ongoing financial crisis. Robert Shiller is no apologist for the sins of finance--he is probably the only person to have predicted both the stock market bubble of 2000 and the real estate bubble that led up to the subprime mortgage meltdown. However in his new book, he argues that, rather than condemning finance, we need to reclaim it for the common good. He makes a powerful case for recognizing that finance, far from being a parasite on society, is one of the most powerful tools we have for solving our common problems and increasing the general well-being. We need more financial innovation--not less--and finance should play a larger role in helping society achieve its goals.
This event marks the publication of Professor Shiller's new book Finance and the Good Society.
Robert J. Shiller is the author of Irrational Exuberance and The Subprime Solution, and the coauthor, with George A. Akerlof, of Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. He is the Arthur M. Okun Professor of Economics at Yale University.
Suggested hashtag for this event for Twitter users: #lsefinance
This event is free and open to all with no ticket required. Entry is on a first come, first served basis. For any queries email events@lse.ac.uk or call 020 7955 6043.
Podcast & Video
A podcast and video of this event is available to download from Finance and the Good Society.
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