Lord Adair Turner, former Chairman of the UK Financial Services Authority and Senior Fellow at

Lord Adair Turner, former Chairman of the UK Financial Services Authority and Senior Fellow at the Institute for New Economic Thinking, delivered a presentation titled "Money and Debt: Radical Solutions to the Challenge of Deleveraging."

Turner highlighted a fundamental insight: banks simultaneously create new credit and new money "ex nihilo." He stressed this as a crucial concept for economics undergraduates to understand about the monetary economy.

This presentation was given at the "Fix the Banking System for Good" conference at the Philadelphia Fed on April 17, 2013, and published on May 5, 2013.

RSA Spotlights highlights an extract from its "Question Time" event, featuring experts on the seven main dimensions of the climate problem: science, behaviour, democracy, law, technology, economy,

RSA Spotlights highlights an extract from its "Question Time" event, featuring experts on the seven main dimensions of the climate problem: science, behaviour, democracy, law, technology, economy, and culture.

The panel provided expert insights into the competing priorities, responsibility voids, and jurisdictional overlaps that complicate climate change resolution. Panellists included Lord Nicholas Stern (LSE), Chris Rapley CBE (UCL), and other leading figures.

Watch the full talk here or listen to the full podcast.

This second event in our creative series on climate change brought together leading experts to discuss the complex challenges of resolving the issue, including competing priorities, responsibility

This second event in our creative series on climate change brought together leading experts to discuss the complex challenges of resolving the issue, including competing priorities, responsibility voids, and overlapping jurisdictions.

The distinguished panel featured Economist Lord Nicholas Stern, climate scientist Chris Rapley CBE, Green Party member Baroness Jenny Jones, and others. The event was streamed live on February 11, 2015.

Watch the full talk here or listen to the full podcast.