Mark Carney, former Governor of the Bank of England, discusses financial markets' role in fighting climate change, the true economic theory behind austerity, and the challenges he faced during his tenure. They also touch on investment bankers, the aftermath of the 2008 financial crisis, and Mark Carney's potential career in politics.

Mark Carney, former Governor of the Bank of England, discusses the deep crisis of values behind the climate change threat. He proposes creating an ecosystem where society's values expand the market's conception of value. The podcast covers the impact of the Industrial Revolution on climate, the transition to a green economy, aligning the financial sector towards net zero, valuing natural assets, achieving global zero net carbon emissions, and the urgent need for climate action.

In the cybersecurity world they call it Q-Day, the day when a quantum computer will be built that can break the encryption of the internet. John Thornhill and Madhumita Murgia speak to cybersecurity expert and former professional hacker Mark Carney about password cracking, and why quantum computers would be so good at it. Renowned mathematician Peter Shor recounts how he became the first person to discover that quantum computers could upturn the encryption that underpins much of the internet. Jack Hidary, boss of the quantum technology company Sandbox AQ, tells us how quantum computers already pose a threat today, even if it’s decades before one powerful enough to threaten encryption will be built. And cryptographer Dan Bernstein explains why protecting ourselves from the quantum threat might just be down to better maths.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Mark Carney, former Governor of the Bank of England and UN Special Envoy for Climate Finance, discusses the dangerous prioritization of financial over human values. He explores how this shift has contributed to crises like climate change and COVID-19. Carney emphasizes the need to redefine value in economic terms, advocating for a balance between profit and ethical considerations. He also critiques the undervaluation of essential care work and the limitations of capitalism in addressing societal needs, urging a return to deeper, more meaningful assessments of value.

In the cybersecurity world they call it Q-Day, the day when a quantum computer will be built that can break the encryption of the internet.John Thornhill and Madhumita Murgia speak to cybersecurity expert and former professional hacker Mark Carney about password cracking, and why quantum computers would be so good at it.Renowned mathematician Peter Shor recounts how he became the first person to discover that quantum computers could upturn the encryption that underpins much of the internet. Jack Hidary, boss of the quantum technology company Sandbox AQ, tells us how quantum computers already pose a threat today, even if it’s decades before one powerful enough to threaten encryption will be built. And cryptographer Dan Bernstein explains why protecting ourselves from the quantum threat might just be down to better maths.Presented by Madhumita Murgia and John Thornhill, produced by Josh Gabert-Doyon and Edwin Lane. Executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco. The FT’s head of audio is Cheryl Brumley.We're keen to hear more from our listeners about this show and want to know what you'd like to hear more of, so we're running a survey which you can find at ft.com/techtonicsurvey. It takes about 10 minutes to complete and you will be in with a chance to win a pair of Bose QuietComfort Earbuds.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Mark Carney, Former Governor of the Bank of Canada and the Bank of England, now serves as UN Special Envoy on Climate Action and Finance. He discusses the urgent need for sustainable finance to combat climate change, emphasizing transparency in corporate disclosures. Carney explores the economic opportunities tied to climate action, the importance of bridging the value gap between corporate worth and ecosystem health, and highlights pressing Canadian economic challenges, advocating for inclusive growth and investment in clean energy.

Political commentators discuss Pierre Poilievre's controversial actions flag-waving in the Maritimes. Mark Carney's potential political entry is explored. Insights on recent budget announcement's impact and the shift from policy to personality in Canadian politics.

Former Governor of the Banks of England and Canada, Mark Carney, discusses the political turmoil in France, UK, and Canada, highlighting the impact on global issues like climate change. He emphasizes the importance of strong alliances, renewable energy, and strategic relationships between countries.

As a Canadian economist who once served as the Governor of the Bank of England, Mark Carney has had many occasions to reflect on the importance of values. Whether it’s ingratiating himself as a public servant in a foreign country, managing a central bank, or addressing climate change, he’s seen the power of shared objectives and the importance of value alignment in addressing critical and complex problems. As the global economy attempts to recover from the COVID-19 pandemic, Carney has published these lessons in a new book, Values: Building a Better World for All. In this special bonus episode, Mark joined Tyler to discuss why he went into economics instead of marine biology, the temperamental differences between ice hockey goalies and central bankers, why it’s important that central bankers plan for failure, what he learned from his father’s work with indigenous Canadians, how growing up near Alberta’s tar sands made him understand the power of the market, the biggest misconception people have about Goldman Sachs, how he established trust as a public servant in a foreign country, his advice for public speaking, why he prefers to speak early during large meetings, the validity of liquidity trap theories, the changes he’d make to the federal reserve governance structure, the greatest challenge of running a central bank, potential regulatory strategies for central bank digital currencies, how decentralized finance (DeFi) should be regulated, how central banks should address potential risks caused by climate change, what went wrong with Canada’s response to COVID-19, why there seems to be little populism in Canada, the future of the Toronto Raptors, where to find the best food in Canada, the best Clash album, the causes of the UK productivity slowdown, the most surprising thing he learned while writing his new book, his predictions for the future global economy post- COVID, and more. Read a full transcript enhanced with helpful links, or watch the full video. Recorded May 21st, 2021 Other ways to connect Follow us on Twitter and Instagram Follow Tyler on Twitter  Follow Mark on Twitter Email us: cowenconvos@mercatus.gmu.edu Subscribe at our newsletter page to have the latest Conversations with Tyler news sent straight to your inbox.  Photo credit: Toby Madden

Mark Carney, former Governor of the Bank of England, advocates for a new global monetary system to replace the dollar's dominance. He discusses the potential of a public sector digital currency based on a basket of currencies for greater stability. The conversation delves into the impact of cryptocurrencies like Facebook's Libra and the challenges posed to traditional financial systems. Carney emphasizes the need to rethink money's role in a digital age, questioning trust in both central banks and tech giants amid a rapidly evolving financial landscape.