As governor of the Bank of England and chair of its monetary policy committee from 2003 to 2013, Mervyn King was a key figure in leading Britain through the financial crisis. Reflecting on the recession and assessing it in the context of past jolts to capitalism, King, now a professor at the London School of Economics (LSE) and New York
University (NYU), looks back over the history of banks, loans, and economic growth; tracking a long boom-and-bust cycle, he questions whether such a pattern is inevitable, and suggests ways to use modern
economic tools to create a more stable system. Mervyn King explored these issues with novelist and Washington Post columnist David Ignatius.
This talk was organized by and recorded at the Politics and Prose bookshop in Washington DC.
Read more: The End of Alchemy: Money, Banking, And The Future Of The Global Economy
University (NYU), looks back over the history of banks, loans, and economic growth; tracking a long boom-and-bust cycle, he questions whether such a pattern is inevitable, and suggests ways to use modern
economic tools to create a more stable system. Mervyn King explored these issues with novelist and Washington Post columnist David Ignatius.
This talk was organized by and recorded at the Politics and Prose bookshop in Washington DC.
Read more: The End of Alchemy: Money, Banking, And The Future Of The Global Economy
