Rethinking Finance

Join us in Oslo April 12-13 to learn more about modern finance and how it is influencing our everyday lives. What type of rethinking is necessary if we want finance to work for the good of society? Which opportunities and challenges does finance bring?


This conference is a cooperation between Rethinking Economics Norway, Centre for Financial Regulation BI, Finance Watch and Young Scholars Initiative (YSI) Working Group on Financial Stability.

Location: Norwegian Business School BI, Oslo
Time: Thursday April 12th 10.00 – 19.00
Friday April 13th 10.00 – 16.00

YSI is organizing a PhD seminar on Financial Stability Saturday April 14th, as a part of the program. We encourage students to send in their abstracts. Read more here.

Buy tickets here


Thursday April 12th 10.00 – 19.00

What is Modern Monetary Theory?
With Rohan Grey (Modern Money Network) and Jesper Jespersen, Roskilde Universitet

Hva gir Kryptovalutaer verdi?
Torbjørn Bull Jenssen, Menon Economics, Asker VoldsgaardKøbenhavns Universitet

Crises: Do we need to fix our financial system, and how?
What is the optimal size of the financial sector? Does a record high private debt/GDP ratio pose a systemic risk to the Norwegian economy? Can and should we create incentives to direct new credit towards productive, green, investments, and away from real estate? How do we enhance the understanding of finance among citizens?
Session organized by Finance Watch, speakers to be announced.

Finance and Sustainability
Is our current financial system inherently unsustainable? If yes, how can we change it? If no, what tools can we use to channel investments into areas valuable to society?

Speakers: Jørgen Randers (BI). Other speakers TBA

Friday April 13th 10.00 – 16.00

What is money?
With Ann Pettifor, PRIME Economics

Pettifor argues that democracies can, and indeed must, reclaim control over money production and restrain the out-of-control finance sector so that it serves the interests of society, as well as the needs of the ecosystem. Should we strip banks of the ability to create money, and introduce «narrow banking»? What would the consequences be for the financial sector? Will there be a lack of credit, or will the financial sector fill the gap?

Shadow banking– bypassing current legislation?
With Daniela Gabor, UWE Bristol

What are shadow banks and how do they operate? How do they affect the real economy? Should they face stricter regulation, and if so, what kind of regulation? Comments by Thorvald Grung Moe, Levy Institute, former Central Bank economist

Why and how do we regulate modern finance?
With Sheila Dow, University of Stirling

It is time to take a step back and ask why we regulate money and finance, referring to different theoretical positions and different historical experiences, as well as taking account of modern technological developments. This is a panel on Law, Economics and Finance and the reasoning behind various financial regulations. Do some financial instruments give rise to more pain than gain?
Comments by Rohan Grey (MMN) and Morten Kinander (BI)

Practical information


Ordinary ticket, both days – 350 NOK
Ordinary ticket, one day – 250 NOK
Student ticket, both days – 200 NOK
Student ticket, one day – 150 NOK

All prices include lunch

Buy your tickets here

Questions? Write us an email! 

Link to event on Facebook

Supported by Young Scholars Initiative and Finansmarkedsfondet.