Climate change, dangerously high inequality, unstable financial markets and the looming crisis of globalization – all these challenges require fundamentally new answers — by Thomas Fricke and Simon Tilford.
A Forum New Economy Working Paper by Laurie Laybourn-Langton.
Narratives are still underrepresented in economic research. Robert Shiller wants that to change and points to the huge influences in economic developments fueled by narratives.
How to make economics fit for the 21st century. Steve Keen has written a book on "The New Economics".
Market fundamentalism cannot solve today's most pressing problems, says Dani Rodrik in an interview with Handelsblatt. The same holds true for Germany's ordoliberal fiscal policy. Instead, he sees signs of a paradigm shift.
Paradigms can only shift, if there are new stories to be told. This session of our IX New Paradigm Workshop was all about narratives.
Some voices claim Joe Biden has kindled a new era in policymaking that may stimulate fiscal changes also in Germany. At our IX New Paradigm Workshop, Barry Eichengreen argues that while public beliefs have transformed, congressional attitudes still lag behind.
The case for a new economic system is strong, but narratives don't change overnight. We asked Dora Meade from NEON UK to share insights on how good narratives can help accelerate the shift to a new economic system, based on their ‘Framing the Economy’ report.
The Washington Consensus is outdated, but what's next? Stormy-Annika Mildner, member of the G7 Panel on Economic Resilience, on the Cornwall Consensus and its potential to stimulate new political visions.
During our IX New Paradigm Workshop, we spoke to Diane Coyle and Michael Jacobs about why economics needs to change and what it takes to design an overarching economic paradigm.
How can we adapt our social systems to fit the challenges of the 21st century? We spoke to Minouche Shafik about her recent book and why she proposes a new "social contract" beyond the concept of the welfare state.
Cornwall Consensus, Bidenomics, established economists calling for a new social contract - many things point to a change of course. But where do we really stand in the fall of 2021? This is the leading question of our IX New Paradigm Workshop.
To solve the most pressing problems of our time, the role of the state must be rethought, argues Mariana Mazzucato in her latest book. We invited her to discuss the "mission economy" and its practical relevance for Germany with Wolfgang Schmidt.
Can the concept of "regenerative economics" be an answer to the growth debate? At our Symposium on Prosperity in the 21st Century, André Reichel and Jana Stöver presented this concept.
Can humans become a force for good in the Anthropocene? And if so, how? Invest in nature and its ecosystems and aim for carbon-neutral economies, said Johan Rockström in his keynote at our symposium “Prosperity in the 21st Century: Securing Future-Proof Economies After Corona”.
Can we safeguard ourselves from socioeconomic crises? From job guarantees to UBI & UBS, many proposals circulate promising to make the economy work for the people. But do they have potential?
Should economies continue to grow in the face of rising environmental challenges and social costs? Michael Jacobs and Xhulia Likaj explored this question for our prosperity symposium.
Which indicators beyond GDP are suitable to guide policy makers towards a more socially inclusive economy which respects planetary boundaries? This was one of the central questions at our symposium on Prosperity in the 21st Century.