A noted economist challenges the fundamental economic assumptions that cast economic growth as the objective and markets as the universally applicable means of achieving it. 
The global economic crisis of 2008–2009 seemed a crisis not just of economic performance but also of the system's underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management of the macroeconomic challenges as we recover, combined with reform of financial regulation to prevent a recurrence. In Economics After the Crisis, Adair Turner offers a strong counterargument to this somewhat complacent view. The crisis of 2008–2009, he writes, should prompt a wide set of challenges to economic and political assumptions and to economic theory. 
Turner argues that more rapid growth should not be the overriding objective for rich developed countries, that inequality should concern us, that the pre-crisis confidence in financial markets as the means of pursuing objectives was profoundly misplaced.

Economics After the Crisis: Objectives and Means (Lionel Robbins Lectures)

Business & Money

Turner, Adair

Economics

The MIT Press

Just Capital: The Liberal Economy

Ground-breaking, challenging and at times provocative, Adair Turners Just Capital addresses a vital question: how do we combine economic dynamism with social inclusion and environmental responsibility? The answer lies in embracing the power of market economics without accepting the simple dogmas of extreme free-market and conservative philosophy. Turners approach combines rigorous economic analysis with a clear vision of an attractive social philosophy, a philosophy that rejects twentieth-century socialism as much as conservative laissez-faire. Just Capital both provokes debate and offers radical new solutions to questions that have perplexed both left and right for decades.

Biographies & Memoirs

Community & Culture

MACMILLAN PUB. LTD.

Challenging and at times provocative, Just Capital explores how we can combine a dynamic and growing economy with an inclusive and environmentally responsible society. It considers the proposition that the "globalization" of the world economy limits our ability to combine economic success and a "good" society. It explores how information technology is transforming businessess and economic structures, identifies where the market is failing, and examines where the state can usefully intervene to achieve desirable social and environmental ends.

Macmillan, UK

Why our addiction to debt caused the global financial crisis and is the root of our financial woes
Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail―our addiction to private debt is to blame.
Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth―but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices. Turner also debunks the big myth about fiat money―the erroneous notion that printing money will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government debt and finance fiscal deficits with central-bank money.
Between Debt and the Devil shows why we need to reject the assumptions that private credit is essential to growth and fiat money is inevitably dangerous. Each has its advantages, and each creates risks that public policy must consciously balance.

Between Debt and the Devil: Money, Credit, and Fixing Global Finance

Princeton University Press

This book presents a novel approach to the reform of the world's financial system, starting with the basic question, what is a financial system for? It shows that the existing system has become far more complicated than it needs to be to discharge its functions - and dangerously unstable into the bargain. It proposes some drastic remedies. "The Future of Finance: The LSE Report" is the work of a group of leading academics, financiers, journalists and officials from the UK's Financial Services Authority, the Bank of England and the Treasury. They met twelve times, for what many of those present described as the best and most searching discussions they had ever participated in. The first author is Adair Turner, chair of the Working Party of the G20 Financial Stability Board reporting to the G20 Summit in November 2010; the others are major international players in policymaking or public debate. Reviews "The UK has been at the epicentre of both the financial crisis and the ongoing debate over the future of finance. Here the leading figures in that debate tell us how to think about the process of financial reform. Their thoughts deserve the widest possible audience, not just in Britain but in the United States and globally." Barry Eichengreen ‐ University of California, Berkeley "A preoccupation with public good is what distinguishes this book from others about the crisis. The authors take a broader perspective in exploring new approaches for understanding the functions of banks and financial markets. It is particularly refreshing to see the London School of Economics re‐establishing its traditional leadership in social sciences research oriented towards social welfare advancement." Jean Charles Rochet ‐ University of Zurich and Toulouse School of Economics "As we look forward to the reform of the financial system, there is a need for a more fundamental review of the nature of financial intermediation, its scope and size. This volume is in the best traditions of the LSE in weaving together the perspectives of academics and policymakers to address a topic of great importance. It is a must read for anyone who wishes to delve deeper into the policy issues." Hyun Song Shin ‐ Princeton University

The Future of Finance: The LSE Report

Woolley, Paul

Haldane, Dr. Andrew

London Publishing Partnership

Pese a las recientes convulsiones que agitan el mundo, el triunfo del libre mercado global parece definitivo, y es esencial aprender a convivir con él. Partiendo de esa premisa, CAPITAL JUSTO analiza las tendencias económicas actuales buscando la respuesta a una pregunta: ¿cómo conseguir un dinamismo económico y evitar al m

Capital justo (Spanish Edition)

Tusquets Editores S.A.

See the best price to sell, buy, or rent books by Turner, Adair. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Turner, Adair

See the best price to sell, buy, or rent books by Turner, Adair. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Economics After the Crisis: Objectives and Means (Lionel Robbins Lectures)

Just Capital: The Liberal Economy

Just Capital: The Liberal Economy

Between Debt and the Devil: Money, Credit, and Fixing Global Finance

Between Debt and the Devil: Money, Credit, and Fixing Global Finance

The Future of Finance: The LSE Report

Capital justo (Spanish Edition)