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Losing Interest?
Imagining a Financial System without Debt
May 3, 2012 at 07:30 PM
St. John's College
Presenters:
Paul Mills
, Former Senior Policy Advisor, UK Treasury; Advisory Board Member, Jubilee Centre, Cambridge
Jenny Corbett
, Reader in the Economy of Japan, Oxford University
Colin Mayer
, Peter Moores Professor of Management Studies, Saïd Business School, Oxford University
We seem to be addicted to interest-bearing debt. Students, house-buyers, consumers, companies, countries. We all use it. But what does it do to us? And could we live without it? Paul Mills presents a reading of the Bible and the Jewish, Christian, and Muslim teachings on finance that lead us to a radical new understanding of a world with much less debt. Along the way, Mills argues that understanding debt can help us get a picture of the true core message of the Christian faith. Profs. Jenny Corbett and Colin Mayer respond and bring their own perspectives to the moderated discussion and q&a.
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