Into the Folly of Value: Reforming Sustainable Finance

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Many critics claim that the problem with economics is that it has no "theory of value". From early economists, such as Smith, Ricardo and Marx, to later economists, pinning value to economics has proved disputatious. In turn, problems with understanding value reverberate to problems with money, problems with the long term and problems with sustainability.

Two presentations and two panels at this Long Finance conference will examine some suggested reforms that touch on value, ranging from new thinking on the international monetary system to better reporting standards to refocused government policies.

The overarching goals of Long Finance are to expand frontiers, change systems, deliver services and build communities.

Sponsored and hosted by Bank of America Merrill Lynch.

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Charles Goodhart

Charles Goodhart, CBE, FBA is Emeritus Professor of Banking and Finance with the Financial Markets Group at the London School of Economics, having previously, 1987-2005...

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