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The Luxembourg School of Finance hosted the European Conference of the Financial Management Association (FMA) on June 12-14, gathering more than 250 of the world’s leading financial experts. Professor Franklin Allen from Wharton School of the University of Pennsylvania gave the keynote speech. LFF was able to meet one of the world’s highest ranked economists.
Is finance a force for progress?
We will get there but it is taking a lot of time. We’re in this awkward phase where finance focuses too much on trying to outguess central banks and governments’ interventions. We need to get back to integrity – funding firms and providing jobs for people who are unemployed. We are the actual industry that decides that; it is not the governments...
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