On Monday 7th September 2015, Positive Money hosted a high-level panel discussion, “Making Money Work”, with Lord Adair Turner, Professor Steve Keen (Kingston University) and Chris Giles (Financial Times) in Central Hall Westminster. It was the biggest event on monetary financing that has ever taken place.
The event was attended by around 200 people, including leading figures in finance and civil society. Those taking part included Richard Murphy, advisor to Jeremy Corbyn, Natalie Bennett, leader of Green Party, as well as ex-banker and economics commentator Frances Coppola.
Lord Turner gave a talk on how the monetary system works, the dangers of debt-fuelled growth and monetary financing as a new monetary policy tool that should be considered by governments and central banks.
After his presentation, Lord Turner was joined by Professor Steve Keen, Head of School of Economics, History and Politics at Kingston University, London and Chris Giles, Economics Editor of the Financial Times. The discussion was focused on the question “Can innovations in monetary policy promote long-term prosperity?”