BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Talks.cam//talks.cam.ac.uk//
X-WR-CALNAME:Talks.cam
BEGIN:VEVENT
SUMMARY:                A seminar with Professor Robert Shiller\, Yale Uni
 versity\, as he argues that Finance Can Be a Force for Good in These Tough
  Economic Times - Professor Robert Shiller
DTSTART:20120430T160000Z
DTEND:20120430T173000Z
UID:TALK37808@talks.cam.ac.uk
CONTACT:Miss Camilla Burgess
DESCRIPTION:“Sub-prime mortgages.  Obscene Wall Street bonuses.  Shrinki
 ng portfolios. Unemployment. Bankrupt companies.  These words continue to 
 taint the financial industry years after the great market crash of 2008. T
 he public’s opinion of the financial sector is at an all-time low while 
 many investors and citizens scream for government regulation.  Calls for g
 aol time for those responsible for the crisis continue while angry protest
 ors crowd city parks as part of the Occupy movement.  Anti-finance sentime
 nts are omnipresent with many blaming financial innovations for the bleak 
 economic outlook but is the “problem” actually the “solution”? Can
  society’s ills be cured with financial innovation?  Can finance reinven
 t itself as a force that creates growth and prosperity for all?  \n\nIn Ro
 bert Shiller’s provocative new book FINANCE AND THE GOOD SOCIETY shows t
 hat finance can be a powerful agent of positive change.  Instead of banish
 ing finance from the foundations of our societies\, we should harness its 
 capabilities through financial innovation and reinvention.  Shiller—no a
 pologist for the sins of finance—argues that\, rather than condemning fi
 nance\, we need to reclaim it for the common good.  He makes a convincing 
 case for recognizing that finance\, far from being a parasite on\nsociety\
 , is one of the most powerful tools we have for solving our common problem
 s and increasing the general well-being.  \n\nChallenging the public and i
 ts leaders to rethink finance and its role in society\, FINANCE AND THE GO
 OD SOCIETY contends that finance should be defined not merely as the manip
 ulation of money or the management of risk\, but also as the stewardship o
 f society’s assets.  Shiller explains how people in financial careers—
 from CEOs\, investment managers\, and bankers to insurers\, lawyers\, and 
 regulators—can manage\, protect\, and increase these assets.  He describ
 es how finance has historically contributed to the good of society through
  inventions such as insurance\, mortgages\, savings accounts\, and pension
 s\, and suggests that we need to envisage new ways to re-channel financial
  creativity to benefit society as a whole.  \n
LOCATION:Lecture Theatre 2\, Judge Business School
END:VEVENT
END:VCALENDAR