Adair Turner

Senior Fellow
Institute for New Economic Thinking

Adair Lord Turner of Ecchinswell has combined careers in business, public policy and academia. In September 2008 Lord Turner was appointed Chairman of the FSA. He is also Chairman of the Climate Change Committee and of the Overseas Development Institute, and a Visiting Professor at the London School of Economics and Cass Business School, City University. He became a cross-bench member of the House of Lords in 2005 and was Chairman of the Pensions Commission from 2003 – 2006, and Chairman of the Low Pay Commission from 2002 – 2006. His book 'Just Capital – The Liberal Economy', was published by Macmillan in 2001. Until September 2008 Lord Turner was a non-executive Director at Standard Chartered Bank, United British Media and Siemens; from 2000-2006 he was Vice-Chairman of Merrill Lynch Europe, and from 1995-99, Director General of the Confederation of British Industry. Prior to that, between 1992 and 1995, he built the McKinsey’s practice in Eastern Europe and Russia as a Director. Lord Turner studied History and Economics at Gonville and Caius College, Cambridge from 1974-78, and was also chairman of the University Conservative Association and President of the Union. He was a college supervisor in economics at Caius from 1979-82, teaching part time in parallel with his business career. He is married with two daughters.

My Additional Content

Originally appeared on VoxEU.org

By Lucrezia Reichlin, Adair Turner, Michael Woodford, 20 May 2013

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...

Speech given at the Conference @ King's, April 8th-11th, 2010.

My Video Content

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Breakout panel on INET's Financial Instability Working Group at the Institute for New Economic Thinking's "Changing of the Guard?" conference in Hong Kong. Featured panelists include Dan Awrey, Co-Pierre Georg, Arie Krampf, and Alberto Russo, with INET Senior Fellow Adair Lord Turner moderating.

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INET Senior Fellow Adair Lord Turner delivers the day 1 keynote address at the Institute for New Economic Thinking's "Changing of the Guard? Conference in Hong Kong, with an introduction by George Soros.
 
Speaking during a session titled "Macroeconomic Policy and Economic Stability: Lessons of the Historical Experience with Fiat Money and the Implications for the Future," Turner lays out the case for Overt Monetary Finance.
 
His conference paper and presentation slides are attached below.
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INET Senior Research Fellow Adair Turner speaks about the importance of holding INET's "Changing of the Guard?" conference in Hong Kong and the link between inequality and technological change.

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Adair Turner, Chairman of the Financial Services Authority, UK gives keynote speech at the Institute for New Economic Thinking (INET) Conference Paradigm Lost: Rethinking Economics + Politics, Berlin, April 13, 2012