You must login before you can post a comment.
A decade after the Global Financial Crisis and Great Recession, developed economies continue to struggle under excessive household debt. While exacerbating inequality and political unrest, this debt - when combined with wage stagnation and a shrinking welfare state - has played a key role in maintaining economic growth and allowing households faced with rising costs of living to make ends meet.
In Bankruptcy: The Case for Relief in an Economy of Debt, Joseph Spooner examines this economic model and finds it increasingly unsustainable. In a call to action to reduce debt burden, he turns to bankruptcy law, which is uniquely situated as a mechanism of social insurance against the risks of a debt-dependent economy.
The event will consist of brief speeches by Professor Niamh Moloney (Head of Department, LSE Department of Law), Professor Iain Ramsay (Kent Law School), and Dr Joseph Spooner (LSE Department of Law), followed by a reception.