Video and paper.
INET Senior Fellow Adair Lord Turner delivers the day 1 keynote address at the Institute for New Economic Thinking's "Changing of the Guard? Conference in Hong Kong, with an introduction by George Soros.INET
Macroeconomic Policy and Economic Stability - Adair Turner Keynote at INET Hong Kong
2 comments:
It seems like INET is looking for new ideas in economics, I wonder what they would think about the new equations for Effective Demand, one of Keynes' core principles in General Theory.
Economic Problem
@ jazs07
Lot of folks from Kazakhstan on the list for the conference you linked to. Maybe they are familiar with Keynes on aggregate demand through MMT. Bill Mitchell has been consulting there.
I have been doing some work in Kazakhstan over the last few years (through the Asian Development Bank) and the situation there after 15 odd years of neo-liberal free market therapy of the type Sachs endorsed was abysmal. Fortunately these nations have changed course and are seeing the value of government-led growth strategies.
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