Adair Turner

Chair
Financial Services Authority

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 Video Content

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Lord Turner talks about how reviewing the mistakes of the past can lead to a more complete economic view of the present and future

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Lord Turner challenges the idea that economists can accurately predict the future based solely on past data

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Speaking at the Inaugural Conference of the Institute for New Economic Thinking, Lord Turner, Chair of the Financial Services Authority, gives a "fierce and witty assault on economic's most sacred tenets", according to Newsweek's Michael Hirsh.

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Social good can be directly integrated into free market capitalism, it just takes a bit of a balancing act - Lord Turner.

My Additional Content

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.