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Philip Booth's Inaugural Lecture

Date:
Tuesday 27 September 2016

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Regulating Markets in an Economy Without Angels

Date: Tuesday 27th September 2016 Location: Waldegrave Drawing Room, St Mary's University, Twickenham The failure of markets to achieve the outcomes we want, perhaps most notably in the financial crash of 2008, has led many to reject markets as the most important vehicle for promoting the common good and spreading prosperity. It has also led to calls for markets to be tightly regulated by governments. However, the same human imperfections that are pervasive in markets are not absent from governments or the regulatory authorities that they establish. Indeed, as many have pointed out, financial markets were hardly unregulated in the 2000s. This lecture will throw light upon questions such as: why are markets important? What can history and political economy tell us about how markets can be effectively regulated? And what does a Catholic understanding of human nature have to contribute to our judgements about who should regulate markets? This lecture will try to answer these questions in relation to particular practical areas such as finance and environmental protection.

View Philip Booth's research profile...

There will also be a short commentary by Professor Martin Schlag, Co-Founder and Academic Director of the Markets, Culture and Ethics Research Centre at the Pontifical University of the Holy Cross, Rome.
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Date:
Tuesday 27 September 2016

Find out more

For more information about this event please email conferences@stmarys.ac.uk or call 020 8240 8219.

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