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Events

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Event
December 9, 2015

‘The Shifts and the Shocks: What we’ve learned – and still have to learn – from the financial crisis’

by
Henry Jackson Society

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SPEAKER: 

Martin Wolf, Chief Economics Commentator, Financial Times
& Author, “The Shifts and the Shocks”

 TIME: 18:30-19:30, Wednesday 9th December 2015

VENUE: Committee Room 3, House of Lords, London SW1A 0PW

 To attend please RSVP to: researchassistant7@henryjacksonsociety.org   

 #HJSEvents

There have been many analyses that have sought to explain the causes and courses of the financial and economic crisis which began in 2007-8. In his new book, The Shifts and the Shocks, Martin Wolf has sought to go further and explain what the crisis should teach us about modern economies and economics.

Wolf identifies the origin of the crisis in the complex interaction between globalization, hugely destabilizing global imbalances and our dangerously fragile financial system. It also shows how much of the orthodoxy that shaped monetary and financial policy before the crisis occurred was complacent and wrong. In doing so, it mercilessly reveals the failures of the financial, political and intellectual elites who ran the system.

Wolf also examines what has been done to reform the financial and monetary systems since the worst of the crisis passed. He explains why ‘further crises seem certain’ and why the management of the eurozone in particular ‘guarantees a huge political crisis at some point in the future.’ Wolf provides far more ambitious and comprehensive plans for reform than any currently being implemented.

 By kind invitation of Lord McFall of Alcluith, The Henry Jackson Society is pleased to invite you to an event with Martin Wolf who will be discussing his thesis from The Shifts and the Shocks. Please RSVP to researchassistant7@henryjacksonsociety.org. Please note RSVPs must include your full name and any affiliations including for any guests you wish to bring. We will send a confirmation which will be required to attend the event.

Biography

Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 “for services to financial journalism”. Mr Wolf is an honorary fellow of Nuffield College, Oxford, honorary fellow of Corpus Christi College, Oxford University, an honorary fellow of the Oxford Institute for Economic Policy (Oxonia) and an honorary professor at the University of Nottingham.

He has been a forum fellow at the annual meeting of the World Economic Forum in Davos since 1999 and a member of its International Media Council since 2006. He was made a Doctor of Letters, honoris causa, by Nottingham University in July 2006. He was made a Doctor of Science (Economics) of London University, honoris causa, by the London School of Economics in December 2006. He was a member of the UK government’s Independent Commission on Banking in 2010-2011. Martin’s most recent publications are Why Globalization Works and Fixing Global Finance.