Adair Turner, Baron Turner of Ecchinswell

The probability that we face global warming caused by fossil fuels is now so overwhelming that it is legitimate to doubt the…

— Adair Turner, Baron Turner of Ecchinswell

In absolute terms, we may have to look at restricting the number of flights people take.

— Adair Turner, Baron Turner of Ecchinswell

If your credit is going to grow at 10-15 percent per year in order to get your 5 percent GDP growth per…

— Adair Turner, Baron Turner of Ecchinswell

In economics, when you put together a highly elastic thing and a highly inelastic thing, you create extraordinary potential for turbulence, volatility,…

— Adair Turner, Baron Turner of Ecchinswell

Rising inequality can create a more highly leveraged economy, and it can then make the economy vulnerable to a crash like 2008.

— Adair Turner, Baron Turner of Ecchinswell

The richer people, when they get another $100,000, or another million, or 10 million, don't tend to spend it as much as…

— Adair Turner, Baron Turner of Ecchinswell

The capitalist system is not delivering those decade-after-decade increases it promised. We're not where we should be in terms of our national…

— Adair Turner, Baron Turner of Ecchinswell

Instability mostly comes from the interface between the fact that the banks (or shadow banks) can create credit, money, and purchasing power…

— Adair Turner, Baron Turner of Ecchinswell

We need to move beyond the demonisation of overpaid traders ... In finance and economics, ill-designed policy is a more powerful force…

— Adair Turner, Baron Turner of Ecchinswell