The Lord Turner of Ecchinswell | |
---|---|
Director of the Confederation of British Industry | |
In office 1995–1999 | |
Preceded by | Howard Davies |
Succeeded by | Digby Jones |
Member of the House of Lords Lord Temporal | |
Assumed office 7 September 2005 Life Peerage | |
Personal details | |
Born | Jonathan Adair Turner 5 October 1955 Ipswich, England |
Spouse | Orna Ní Chionna |
Alma mater | Gonville and Caius College, Cambridge |
Jonathan Adair Turner, Baron Turner of Ecchinswell (born 5 October 1955) is a British businessman and academic who was Chairman of the Financial Services Authority during the 2007–2008 financial crisis and the Great Recession, serving from September 2008 until its abolition in March 2013. He is a former chairman of the Pensions Commission and the Committee on Climate Change, as well as a former Director-General of the Confederation of British Industry. He has described himself in a BBC HARDtalk interview with Stephen Sackur as a 'technocrat'.
He is a vocal advocate of monetary financing and "helicopter money" whereby central banks would directly finance government spending or cash distribution to citizens.[1][2] Since 2010, he has written monthly opinion columns[3] on economic and regulatory policy for Project Syndicate.