Rebuilding Macroeconomics after the Pandemic
Curated and produced by ESRC’s Rebuilding Macroeconomics
Financial Crisis, nationalism and COVID-19 are all socio-economic pandemics in the last decade. Each one starts in a small corner of our world, then spreads across continents in a very short space of time. Each one is a surprise, and each one catches us unprepared. If we are to be prepared for the next pandemic or crisis, we need a different approach to economics. It has to be possible to generate cascading systemic events within our models. We argue that this requires making the importance of social interaction central to economic models. Social foundations determine the rules of the game, how we interact with others and the ultimately the resilience of the economy.
This Global Table will argue the need to put social foundations at the center of rebuilding macroeconomics and economic policy.
Keynote
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More InformationPanel Discussion
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More InformationSpeakers
Keynote
Angus Armstrong
ESRC’s Rebuilding Macroeconomics
Panel with
Wendy Carlin
University College London
Paul Collier
Blavatnik School of Government, University of Oxford
Alan Kirman
École des Hautes Études en Sciences Sociale
Henrietta Moore
Institute for Global Prosperity, University College London
Moderator:
Angus Armstrong
ESRC’s Rebuilding Macroeconomics
Policy Recommendations, Policy Briefs and Articles
Toward Global Paradigm Change
by Dennis Snower (Global Solutions Initiative)