The Moral Roots of Economic Crisis


2008-09 John Kenneth Galbraith Lecture in Public Policy

"The Moral Roots of Economic Crisis"

Dr. Anthony Daniels, aka Dr.Theodore Dalrymple

Thursday October 15, 2009
7:30- 9:30pm (NDT)
Inco Innovation Centre- IIC2001

Memorial University of Newfoundland
St. John's, Newfoundland

The 2008-09 Galbraith Lecture was recorded. Click here to watch the video.

View the program and the poster for the Galbraith Lecture 2009.

Dr. Daniels' lecture focused on the current economic crisis, and once again will raised the question of whether economics is a behavioural science, and how far events can be understood without reference to psychology.

There is a dialectical relationship between government policy and human relationship and in turn, this raises questions about the extent and limits of personal responsibility.

The loss of faith in money as a store of value makes speculators of us all and promotes greed. And although greed is an ineradicable part of nature, it can be promoted or retarded. What institutional or societal safeguards can be put in place to mitigate greed? Is this individual absolved from responsibility, or are there actions which each of us could take to bring more sanity to economics? How can we prevent an economic calamity from occuring again?