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There is a seismic shift underway in economics, hastened by the aftermath of the Covid-19 pandemic. Communities and countries around the world are beginning to adopt/consider adopting well-being and prosperity as major guiding principles.
Rapid economic growth in the emerging worlds has placed downward pressure of manufacturing wages in the advanced world. With increasingly lower real interest rates putting upwards pressure on asset prices, these twin forces have the propensity to accelerate income inequality. What do the facts say?
How has Covid-19 re-shaped our ideas about what we owe society? The lockdown has had a terrible impact on the economic prospects of young people, and the elderly have suffered from high mortality in care homes.
There are large disparities in economic performance at the regional level in the UK. We need to consider what kinds of policies might raise regional performance and the extent which directed industrial policies and infrastructure spending might be employed to iron out differences.
International negotiations concerning our environment such as on climate and biodiversity, often put the scientific case behind economic and political interests, with potentially disastrous consequences. What does that mean for human prosperity and even survival?
Douglas McWilliams was the Mercers' School Memorial Professor of Commerce from 2012 to 2014. He is chief executive and founder of Cebr, one of the UK’s leading specialist economics consultancies. Professor McWilliams has had a career specialising in economic forecasting
In this final lecture we will consider whether we can plot a more successful future than our recent history might suggest and what that implies for our economic and political institutions.
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