Shrinking Capitalism

Hosted by the Institute of Global Affairs, the School of Public Policy and Centre for Economic Policy Research (CEPR)

Online public event


Philippe Aghion

Samuel Bowles

Wendy Carlin

David Soskice


Erik Berglof

The COVID-19 pandemic along with climate change has dramatized the obsolescence of the benchmark paradigm that still forms the basis of undergraduate teaching and popular discussion of economics.

As was the case in the aftermath of the Second World War and the Great Depression a combination of new problems and new developments in economic theory provide the groundwork for a new paradigm. This would allow us to escape the limits of the government versus markets policy menu and encompass motivations beyond material gain and compliance with governmental authority to include ethical motivations of solidarity and duty that have underpinned successful anti-COVID policies.

Philippe Aghion, Professor of economics, College de France and LSE, CEPR

Samuel Bowles, Director of Behavioral Sciences, Santa Fe Institute

Wendy Carlin, Professor of economics, University College London, CEPR

David Soskice, Professor, LSE School Professor of Economics and Political Science, LSE

Erik Berglof, Director, Institute of Global Affairs, LSE School of Public Policy and Fellow, CEPR 

Twitter Hashtag for this event: #LSECOVID19

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