New financial crisis, reliable insights

21 May 2010. The Walter Adolf Jöhr Lecture is traditionally delivered on the day before the Dies academicus. This year, this will be on Friday, 28 May, at 11.15 a.m. in Room 09-011 (Senate Room) in the Library Building of the University of St.Gallen (HSG). Admission will be free.

Prof. Dr. Silvio Borner was born in 1941 and read economics at the University of St.Gallen, where he also obtained his doctorate and wrote his habilitation thesis. After his habilitation, Silvio Borner taught as a professor in St.Gallen and Basel, and as a visiting professor at universities in the USA, Canada and Argentina, and as a guest professor in Australia.

The HSG is particularly looking forward to Silvio Borner because as a former assistant of Walter Adolf Jöhr, he is especially familiar with the work of the founder of the Institute of Economics, in whose memory the annual Walter Adolf Jöhr Lecture takes place.

Silvio Borner will speak about “The financial crisis of 2008/09 in the light of Walter Adolf Jöhr’s ‘economic fluctuations’ of 1952”. In his lecture, Prof. Dr. Borner will attempt to show that many elements of his own analysis of causes – speculative bubble development on financial markets combined with the state’s government failure – could already be found in the work of Walter Adolf Jöhr.