Forthcoming at the Saint Augustine Institute
THE FUTURE OF MONEY
May 12th 2011
Edward Hadas Re-Setting Money
Edward Hadas is Associate Editor of the Financial Times Lex column. His Human Goods and Economic Evils: A Moral Approach to the Dismal Science is published by ISI. Here is a snippet from his Economics, Finance and the Good
The genius of the modern financial system is that it relies on and develops the human desire to work together for the common good but takes the human inability to be perfectly generous into account. For the system to work well, the rewards for sharing must be neither too small to entice or so large that greed is encouraged to grow. Further, unless those who labour within the financial system are carefully supervised, the large sums of money (representing large claims on resources) which pass through their hands will nourish the noxious forces of greed and recklessness.
I do not think the current financial crisis will destroy industrial economies. They are built on too firm a foundation of trust for that. The reconstruction of the financial economy can, however, be an opportunity for economists to make more room in their discipline for a pearl of great price ? the good.
June 9th 2011
Paul Mills Time to give Gold a Chance? ? What the Bible really says about money and debt
Paul Mills works as an economist for the IMF and is on the board of the Cambridge Papers, published by Jubilee Centre. His Should Christians support the Euro? is here and you can see him on video here and here
Both at 6.15pm on Thursdays at St Margaret Lothbury (map)
