Department of Economics public lecture
Date: Tuesday 12 November 2013
Venue: Old Theatre, Old Building
Speaker: Michael Kumhof
Chair: Professor Danny Quah
Michael Kumhof will discuss his 2012 paper on the Chicago Plan, a radical reform plan for the banking industry that would eliminate banks’ power to create money. Based on proposals developed by members of the Chicago School in the US in the 1930s, Kumhof’s plan represents the most far-reaching and decisive proposal to eliminate the risks associated with fractional reserve banking.
Michael Kumhof is deputy division chief of the Modelling Division at the IMF Research Department.
Suggested hashtag for this event for Twitter users: #LSEKumhof
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Podcast & Video
A podcast and video of this event is available to download from The Chicago Plan Revisited
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