An Historical Perspective on the Quest for Financial Stability

Hosted by Institute of Global Affairs, the Financial Markets Group Research Centre and the Systemic Risk Centre

Wolfson Theatre, New Academic Building


Professor Michael Bordo

Professor Michael Bordo

Director, Center for Monetary and Financial History, Rutgers University


Piroska Nagy-Mohácsi

Piroska Nagy-Mohácsi

Programme Director, Institute of Global Affairs

Taking a historical perspective, Professor Michael Bordo’s LSE public lecture examines the evolving relationship between monetary policy and financial stability, which is at the forefront of the current policy debate. He finds that historically financial crises have multiple causes, and that credit-driven asset price booms/busts rarely lead to financial crisis. The notable exceptions are the “perfect storms” of 1929/33 and 2007/8. If indeed rare, should the post global financial crisis regulatory system be permanently built on the unique experience of 2007/8? 


The Institute of Global Affairs (@LSEIGA) aims to maximise the impact of LSE's leading expertise across the social sciences by shaping inclusive and locally-rooted responses to the most important and pressing global challenges.

The Financial Markets Group Research Centre (@FMG_LSE) was established in 1987 at the LSE. The FMG is a leading centre in Europe for policy research into financial markets. It is the focal point of the LSE's research communication with the business, policy making and international finance communities. The FMG works alongside the Department of Finance to understand problems in financial markets and in the decision-making processes of corporations, banks and regulators.

The Systemic Risk Centre (@LSE_SRC) was set up to study the risks that may trigger the next financial crisis and to develop tools to help policymakers and financial institutions become better prepared.

Twitter Hashtag for this event: #LSEResilience


If you are planning to attend this event and would like details on how to get here and what time to arrive, as well as on accessibility and special requirements, please refer to LSE Events FAQ. LSE aims to ensure that people have equal access to these public events, but please contact the event's organiser as far as possible in advance if you have any access requirements, so that arrangements, where possible, can be made. If the event is ticketed, please ensure you get in touch in advance of the ticket release date. Access Guides to all our venues can be viewed online.



Photographs are regularly taken at LSE events both by LSE staff and members of the media. Photographs from events taken by LSE staff are often used on LSE's social media accounts.

Twitter and Facebook

You can get immediate notification on the availability of an event podcast by following LSE public lectures and events on Twitter, which will also inform you about the posting of transcripts and videos, the announcement of new events and other important event updates. Event updates and other information about what's happening at LSE can be found on the LSE's Facebook page.


We aim to make all IGA events available as a podcast subject to receiving permission from the speaker/s to do this, and subject to no technical problems with the recording of the event. Podcasts are normally available 1 week after the event. Podcasts of past events can be found here.

WIFI access

LSE has now introduced wireless for guests and visitors in association with 'The Cloud', also in use at many other locations across the UK. If you are on campus visiting for the day or attending a conference or event, you can connect your device to wireless. See more information and create an account at Join the Cloud.
Visitors from other participating institutions are encouraged to use eduroam. If you are having trouble connecting to eduroam, please contact your home institution for assistance.
The Cloud is only intended for guest and visitor access to wifi. Existing LSE staff and students are encouraged to use eduroam instead.

From time to time there are changes to event details so we strongly recommend checking back on this listing on the day of the event if you plan to attend.

Whilst we are hosting this listing, LSE Events does not take responsibility for the running and administration of this event. While we take responsible measures to ensure that accurate information is given here (for instance by checking that the room has been booked) this event is ultimately the responsibility of the organisation presenting the event.


LSE Institute of Global Affairs LSEIGA

RT @LSEPublicPolicy: Join the UN Special Envoy for Global Education and former UK Prime Minister, @GordonBrown, and LSE Director, Minouche…

Reply Retweet Favorite

LSE Institute of Global Affairs LSEIGA

RT @LSEPublicPolicy: Next week➡️Perpectives on the COVID-19 Pandemic. Attend this webinar with: 🔴Tania Burchardt 🔴Francisco Ferreira 🔴Rica…

Reply Retweet Favorite

  Sign up for news about events