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Carney on popular disillusionment with capitalism

Graham Watson

6th December 2016

It's brave of Mark Carney to raise this issue in the Roscoe Lecture at Liverpool John Moores University - inequality remains a major concern. Of course, he will be seen as one of the high priests of modern capitalism, so for him to speak out is quite controversial: he will argue that, as Andy Haldane pointed out last week, the Bank of England doesn't have the tools to aid redistribution

You can read the full speech here

The Governor discusses the role of monetary policy in the midst of a technological revolution, and the underlying causes and consequences of weak real income growth and inequality.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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