CFS Lecture

Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, John Turner will take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As he does so, he will help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have benefitted society. His lecture will reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.

– in Kooperation mit dem Institut für Bank- und Finanzgeschichte e.V. Die  Stiftungsgastprofessur wird vom Bankhaus Metzler und der Friedrich Flick Förderungsstiftung ermöglicht. 

Die Anmeldung wird ca. 3 Wochen vor der Veranstaltung freigeschaltet.