‘Sometimes a useful role in public debate is to throw something deliberately provocative into the pond!’ Adair Turner is being provocative again. Almost a decade ago now he scandalised bankers and traders (although not the general public) when he declared the work of financiers to be “socially useless”.
A few years ago he made himself almost equally unpopular in central banking circles by suggesting they should consider monetising debt to rebalance their economies. Between Debt and the Devil by Adair Turner, book review
And now Baron Turner of Ecchinswell’s latest thesis is that politicians, everyone from the Chancellor Philip […]
Full Post at www.independent.co.uk