Third lecture

Regulation and self-regulation. Adam Smith’s “invisible hand” – Third guest lecture by Paul Jorion – 22th October 2012

– Bernard Mandeville’s “Private vices, public benefits”
– Did the economy in Smith’s days justify his “invisible hand” hypothesis?
– Smith’s “invisible hand” vs. Aristotle’s “philia” (goodwill)
– Alan Greenspan’s error (23 October 2008 Congressional hearing)
– The limits of self-regulation: Goldman Sachs’ ABACUS deal

Guest lecture by Paul Jorion on Thursday, 18 October, 2012 – 15:00 to 18:00 at Vrije Universiteit Brussel.