Economics Lecture: Fred Harrison (23 November at 11am)

Fred Harrison explains how free riding (or rent-seeking) threatens the collapse of Western civilisation unless urgent steps are taken. The analysis that predicted the 2008 crash now shows the next to be in 2026, with a global house price peak provoking the convergence of four existential crises—social, economic, climatic, and demographic. Only understanding the driving forces involved and instituting financial reforms that restore social resilience can prevent such a catastrophe.

Fred Harrison, a long-time friend of the School and a prodigious author and reformer in all things economic, most particularly land reform.  After the fall of the Berlin Wall, he spent a lot of time in Russia warning the Russians not to follow the West’s tax system. He was one of the very few economists to accurately predict the economic collapses of the nineties and 2007/8.