What is the value of the financial sector? Discuss
Season 1, Episode 6, Nov 04, 2011, 07:00 PM
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Wouter den Haan interviewed by Viv Davies, 04 November 2011
Wouter den Haan of the London School of Economics talks to Viv Davies about his lead commentary in the current Vox Debate on the value of the financial sector. He argues that standard measures of the sector's economic contribution overestimate its true value to a modern economy. They also discuss the views of other notable economists, as well as how regulation could curb excesses in the sector and prevent socially negative spillovers. The interview was recorded in London on 1 November 2011.
Wouter den Haan of the London School of Economics talks to Viv Davies about his lead commentary in the current Vox Debate on the value of the financial sector. He argues that standard measures of the sector's economic contribution overestimate its true value to a modern economy. They also discuss the views of other notable economists, as well as how regulation could curb excesses in the sector and prevent socially negative spillovers. The interview was recorded in London on 1 November 2011.