In a blog about his forthcoming book, Prosperity for All, Professor Farmer says “The human being in me is deeply disturbed by every crisis. The economist in me recognizes the invaluable opportunity that is provided by every crisis to disentangle one economic theory from another. Just as the astrophysicist learns by observing the explosion of a supernova; so the economist learns from observing the fallout from a major economic catastrophe. The Great Recession has both taught and reminded us that the existing economic theory that guides policy-makers in treasuries and central banks is deeply flawed. It is time for a paradigm change.”
Which will emerge at this important Responsible Asset Owners Global Symposium; Economist or Humanitarian?