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Professor Franklin Allen, The Wharton School: Why “too big to fail” is wrong!


Themes: Economics and policy, Guest speakers

The inaugural conference of the Institute for New Economic Thinking (INET) brought policy makers, chief theorists, Nobel Prize winners in their profession and historians of economic thought to one place to learn from one another.

Franklin Allen, Nippon Life Professor of Finance and Economics at The Wharton School, says economics has to move away from asset-led bubbles and create more prudent egalitarian systems for sharing wealth.