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March 16, 2009
Monday
 
 
Professor Kevin Dowd on the lessons of the financial crisis
Brian Micklethwait (London)  Events • Globalization/economics • Opinions on liberty

There are so many things to do these days, especially in a place like London, that often you make up your mind about what to do of an evening at the very last moment. So, maybe you have the coming Tuesday evening, tomorrow, March 17th, still free. If you do, I strongly recommend the Libertarian Alliance's 2nd Annual Chris R. Tame Memorial Lecture, which this year will be given by Professor Kevin Dowd.

KevinDowdS.jpg

Getting on for a hundred people have already signed up to attend this event, in other words quite a few more than showed up for last year's inaugural Chris Tame lecture given by David Myddleton. But there is room for more still. Attendance is free of charge. All the organisers ask is, if you want to be there, email them beforehand. Follow the link at the top of this for all the details of the event, and for the email to confirm attendance.

What excites me about this lecture is that Dowd is both an unswerving libertarian, and an expert on banking, on the history of banking and on the baleful effects over the decades of state monopoly fiat money and of banking regulation. This is a man who not only believes in the idea of a free market in currencies and in banking, but someone who can actually explain in detail why that would be a better arrangement than anything else now being proposed. He also has firm and positive views about what should immediately be done, right now, to alleviate the crisis. And because he is a Professor, he has some leverage for getting his ideas reported in the mainstream media.

Having been looking forward to this event for several months, I now realise that I have, infuriatingly, a teaching commitment set in concrete for that very same evening. But the good news for me, and for anyone else who won't be able to attend the lecture in person, is that it will be videoed, and video internetted just as soon as that can be contrived. You may depend upon me to have further things to say about this potentially very important lecture just as soon as that video is available and linkable to.

Can we win the ideological war that now swirls about the current financial catastrophes? Personally I remain optimistic about this possibility, but whether we can actually win or not, we should surely try to win. And those of us who conveniently can should surely support those people, like Kevin Dowd, who are making the biggest efforts to this end. Most of Samizdata's readers do not live in London and can't be at this lecture in person, although lots are Londoners and could. But, Londoners or not, I very much hope that a healthy proportion of us will at least give the video our closest attention. Meanwhile, I am sure that almost all of you will join with me in wishing Professor Dowd all the best for tomorrow evening.

Comments

Thank you for confirming that there will be a video. Unfortunately I'm going to be hanging around the "trough" further up the road tomorrow evening at a House of Lords event to showcase my university and how it can help create social goods - and one of the things I will be pushing if I get the chance is some of my ideas for local alternative banking mechanisms to help mutually rescue our hinterland at this time. So whilst I would love to be there in person as it is an area that has long interested me, I will be very grateful for the video.


Posted by Jock at March 16, 2009 04:28 AM

Where should I look for this video when it is put up on the internet?

If it's unknown as of yet, could it be posted in a fresh blog post once it's up?

Thanks.


Posted by Shawn Levasseur at March 17, 2009 12:53 AM

I'll be there tonight with notebook and pen for a spot of reporting on the talk and the Q&A.


Posted by Johnathan Pearce at March 17, 2009 12:39 PM

JP - Good. I meant to email you about this, to make sure someone reported on this lecture having actually heard it.

I understand that there will be a written out text, but only rather later.

SL - I will put up another posting here (unless someone else already has) just as soon as the video of this event is available and linkable to.

Interesting how the fuddy-duddy old lecture format has received a whole new lease of life thanks to the www. Time was when the only person you could ever watch just lecturing on a screen (minus any expensive visual diversions about "civilisation" etc.) was AJP Taylor.


Posted by Brian Micklethwait at March 17, 2009 01:58 PM

Can we have the video uploaded ASAP - like when it is news. Please.


Posted by Guido Fawkes at March 17, 2009 11:22 PM
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