The Health of Nations

The Health of Nations: investing in a world where everyone has equal opportunity to participate. In the country where Adam Smith penned the classic that would turn him into a household name even 250 years after his death, acclaimed tech investor Michael Moe of GSV describes how the misinterpretation of Smith, combined with the disruptive power of technology, is creating a deeply unfair world. Moe shares statistics which describe the highly unequal distribution of wealth and income, before asking how finance can fix things.


Ethical Finance 2019 (EF2019) was organised by the Global Ethical Finance Initiative (GEFI) which oversees, organises and coordinates a series of programmes to promote finance for positive change.

With the Bank of England recognising climate change as a core financial risk, the proliferation of the UN SDGs and the ongoing dichotomy for asset managers wrestling with the social impact versus economic return conundrum; the financial system is undergoing material transformational challenge.

Together with UNDP and the Scottish Government, GEFI brought 350 of the world’s foremost business, political, civic and social leaders to Edinburgh on the 8th & 9th of October 2019 to network, share, co-develop and shape a fairer, more sustainable financial system capable of delivering positive change.

Michael Moe

Michael Moe is founder of GSV, a modern merchant bank that invests, advises, and partners with the fastest growing, most dynamic companies in the world: the ‘Stars of Tomorrow’. He serves as the CEO of GSV Asset Management and the Executive Chairman of GSV Capital Corp.