The Wealth Effect: How the Great Expectations of the Middle Class have Changed the Politics of Banking Crises

Free Public Lecture

The Wealth Effect: How the Great Expectations of the Middle Class have Changed the Politics of Banking Crises

106, Yasuko Hiraoka Myer Room
Sidney Myer Asia Centre

Parkville campus

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Faculty of Arts

This lecture launches the new book, The Wealth Effect (Cambridge University Press, 2019) by Professor Andrew Walter (The University of Melbourne) and Professor Jeffrey Chwieroth (London School of Economics). It shows how the rise of middle class wealth and its 'financialisation' over the past two centuries have transformed the policy and politics of financial stabilisation in democracies. This has important and ongoing consequences for political and financial stability in all countries.

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