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Tuesday, 5 April 2022, 1:00PM - 2:00PM
Barnard's Inn Hall

The Global Financial Crisis and Covid… What Next?

Professor Martin Daunton FBA

‘Hyper-globalisation’ and the power of finance culminated in the global financial crisis of 2008 that was potentially as severe as the Great Depression. The outcome was not public spending but austerity that hit the poor and Quantitative Easing that benefited the assets of the rich. The result was inequality and precarity, with barely any improvement in the standard of living for most by the time Covid hit. What signs are there of a much-needed transformation in attitudes to the economy?


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Martin Daunton

Martin is Visiting Gresham Professor of Economic History.

He is a British academic and historian. He was Master of Trinity Hall, Cambridge, between 2004 and 2014. He is Emeritus Professor of Economic History at the University of Cambridge.

He has written two books on the history of taxation in Britain –Trusting Leviathan and Just Taxes, and co-edited with colleagues in Berlin a volume of essays on the political economy of public finance in leading OECD countries since the 1970s. Most recently he has finished a book for Allen Lane on the economic governance of the world since 1933 which will be published in 2022.

Professor Daunton's lecture series are as follows: 

2021/22 Three Crises of Capitalism: The Great Depression to the Present

2020/21 Intergenerational Justice

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