Adair Turner, Baron Turner of Ecchinswell Quotes

In rich economies, stability matters a lot; small further increases in allocative efficiency matter less. Thus, policy should be heavily focused on ensuring macroeconomic and financial stability and very wary of financial innovation if it carries with it any risk of increased instability.
Adair Turner, Baron Turner of Ecchinswell
Adair Turner, Baron Turner of Ecchinswell

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