The Leibniz Institute for Financial Research SAFE, the House of Finance, the Cneter for Financial Studies (CFS), and the Institute for Banking and Financial History (IBF) jointly organize a lecture in the context of the Goethe University Visiting Professorship of Financial History, currently held by John Turner, Queen’s University Belfast. The Visiting Professorship is endowed by Bankhaus Metzler and Friedrich Flick Förderungsstiftung.
We cordially invite you to attend the lecture on
Boom and Bust: A Global History of Financial Bubbles
by John Turner (Queen’s University Belfast)
The Visiting Professorship "Financial History" at Goethe-University Frankfurt is endowed by Bankhaus Metzler and Friedrich Flick Förderungsstiftung
to be held on 19 May, 5:00 p.m. - 7:00 p.m. CEST, House of Finance
Abstract: 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.
Further information will follow soon.
