![]() ![]() Lord Turner gave a talk on how the monetary system works, the dangers of debt-fuelled growth and monetary financing as a new monetary policy tool that should be considered by governments and central banks.Īfter his presentation, Lord Turner was joined by Professor Steve Keen, Head of School of Economics, History and Politics at Kingston University, London and Chris Giles, Economics Editor of the Financial Times. Those taking part included Richard Murphy, advisor to Jeremy Corbyn, Natalie Bennett, leader of Green Party, as well as ex-banker and economics commentator Frances Coppola. The event was attended by around 200 people, including leading figures in finance and civil society. In the early 1930s, bankers, the only source of new money and credit, deliberately refused loans to industries, stores and farms. been engaged in the banking busi- ness in Cushing, and prior to that time I was in the grain and mercantile business. It was the biggest event on monetary financing that has ever taken place. ![]() On Monday 7th September 2015, Positive Money hosted a high-level panel discussion, “Making Money Work”, with Lord Adair Turner, Professor Steve Keen (Kingston University) and Chris Giles (Financial Times) in Central Hall Westminster.
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