Tag: Purpose of Finance
Blog: The Purpose of Finance – APPG roundtable discussion
by Liam Byrne MP, Chair of the All-Party Parliamentary Group on Inclusive Growth
The finance industry is one of the UK’s most successful industries. But it’s an industry most associated with boosting inequality than equality. And when things go wrong they go badly wrong for all of us. For years, we’ve focused on how the finance industry works, but not on why, or in other [...]
Read moreBlog: Reflections on the ‘Purpose of Finance’ from Positive Money
by Rob Macquarie, Economist, Positive Money
Positive Money is delighted to see a Parliamentary think tank addressing long-standing problems with our monetary and financial system. David Pitt-Watson and Hari Mann’s effort to kick-start a debate on the purpose of finance is an important contribution to the struggle to improve the sector [...]
Read moreBlog: What is the purpose of finance?
by Hari Mann and David Pitt-Watson, Purpose of Finance initiative, Pension Investment Corporation
So what is the purpose of finance? Try that question over dinner and you will likely get a somewhat cynical reply, about its self-serving nature. Financial crisis after crisis, scandal after scandal have not helped to build a narrative that the finance serves any purpose than to serve itself. [...]
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