Prof. John Kay to deliver the 2016 Joan Muysken lecture: “Other People’s Money: The Financialisation of the Economy”

We all depend on the finance sector. We need it to store our money, manage our payments, finance housing stock, fund retirement and support new business. But these roles comprise only a tiny sliver of the sector’s activity.

Bannerfoto_KayOn 11 April, John Kay, Professor of Economics, London School of Economics, fellow St John’s College, University of Oxford, will argue, in his outspoken style, that the financial sector has grown too large, detached itself from ordinary business and everyday life, and has become an industry that mostly trades with itself, talks to itself, and judges itself by its own standards.

We need finance, but today we have far too much of a good thing. John Kay will show us what has gone wrong in the dark heart of the finance sector.

The lecture takes place at 8 pm at Tongersestraat 53 in Maastricht.

This lecture is organised in cooperation with the School of Business and Economics. The Joan Muysken lecture has been named after Joan Muysken, SBE’s first professor of macroeconomics (1984-2014). He was the founding father of SBE’s department of Economics.

 

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