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At the time of the 2008 global credit crunch, I participated in Oxford's online debate on whether the economic crisis sounded the death knell for laissez faire capitalism. I argued it did, not because I was naive enough to think that laissez faire policies would be abandoned, but because they should be, and until and unless they are, a repeat of the credit crunch and the resultant global recession hangs over us. In this talk I will review the record of the past five years, and consider prospects for the future. Economist Professor Jonathan Michie is Director of the Department for Continuing Education and President of Kellogg College.
At the time of the 2008 global credit crunch, I participated in Oxford's online debate on whether the economic crisis sounded the death knell for laissez faire capitalism. I argued it did, not because I was naive enough to think that laissez faire policies would be abandoned, but because they should be, and until and unless they are, a repeat of the credit crunch and the resultant global recession hangs over us. In this talk I will review the record of the past five years, and consider prospects for the future. Economist Professor Jonathan Michie is Director of the Department for Continuing Education and President of Kellogg College.
The 25 years up to the 2007-8 global credit crunch were ones of privatisation, deregulation, financialisation and, in the UK, demutualisation. Professor Jonathan Michie will discuss the causes and consequences of the global credit crunch. The 25 years up to the 2007-8 global credit crunch were ones of privatisation, deregulation, financialisation and, in the UK, demutualisation. Many claimed that we had entered a new era of prosperity, with the end of 'boom and bust'. Others argued that the form that globalisation was not inevitable, and that the increasing inequality was a policy choice that could and should be resisted. This talk will discuss the causes and consequences of the global credit crunch. Economist Professor Jonathan Michie is Director of the Department for Continuing Education and President of Kellogg College. He specialises in mutuals and employee-owned companies and globalisation.
The 25 years up to the 2007-8 global credit crunch were ones of privatisation, deregulation, financialisation and, in the UK, demutualisation. Professor Jonathan Michie will discuss the causes and consequences of the global credit crunch. The 25 years up to the 2007-8 global credit crunch were ones of privatisation, deregulation, financialisation and, in the UK, demutualisation. Many claimed that we had entered a new era of prosperity, with the end of 'boom and bust'. Others argued that the form that globalisation was not inevitable, and that the increasing inequality was a policy choice that could and should be resisted. This talk will discuss the causes and consequences of the global credit crunch. Economist Professor Jonathan Michie is Director of the Department for Continuing Education and President of Kellogg College. He specialises in mutuals and employee-owned companies and globalisation.
The 25 years up to the 2007-8 global credit crunch were ones of privatisation, deregulation, financialisation and, in the UK, demutualisation. Professor Jonathan Michie will discuss the causes and consequences of the global credit crunch. The 25 years up to the 2007-8 global credit crunch were ones of privatisation, deregulation, financialisation and, in the UK, demutualisation. Many claimed that we had entered a new era of prosperity, with the end of 'boom and bust'. Others argued that the form that globalisation was not inevitable, and that the increasing inequality was a policy choice that could and should be resisted. This talk will discuss the causes and consequences of the global credit crunch. Economist Professor Jonathan Michie is Director of the Department for Continuing Education and President of Kellogg College. He specialises in mutuals and employee-owned companies and globalisation.