Saturday, August 13, 2011

Lord Adair Turner: Keynote speaker at banking conference in Winchester, UK

A pioneering economics conference will take place next month in Winchester, UK (Thurs 29th September): The European Conference on Banking and the Economy, under the auspices of the University of Southampton's Centre for Banking, Finance and Sustainable Development (CBFSD). Lord Adair Turner Chair of the Financial Services Authority and of the Committee for Climate Change is the keynote speaker.

We are now in the fourth year of a financial crisis where economic growth has stalled in the western world - jobs are getting scarcer, poverty is growing. It may be getting worse.  This crisis began through misguided banking: many banks were bailed out at the expense of taxpayers, and even now banks are not helpfully lending enough to small business from where future wealth should come - yet huge bonuses are again being paid to bankers. 

The sub-title of the conference is Banking : Seeking a new Paradigm. What alternatives are there to conventional banking? Do we want to endure the system which seems largely and most of the time to be of dubious benefit to anyone other than bankers.

If you think this conference is not for you, don't decide until you have viewed the short YouTube video introduction to Banking and the Economy by Prof Richard Werner. He is the founder of the CBFSD which is hosting the conference.

Registration is free for the afternoon and early evening session. LINK: ECOBATE 
posted by Charles Bazlinton. Author The Free Lunch - Fairness with Freedom

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