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Rebuilding Macroeconomics sees the economy as a living system for creating and using knowledge, often embedded in goods and services. Our emphasis on knowledge makes clear that we live in a world of fundamental uncertainty. Yet far from being powerless to act, it is our ability to harness uncertainty which makes us such a resourceful species.

This shift in emphasis to knowledge creation allows us to return to the time-honoured big macroeconomic questions of creativity, agency, sustainability, coordination and institutions.

Rebuilding Macroeconomics is part of the Institute for Global Prosperity (IGP)University College London (UCL). We have a new PhD scheme in Social Macroeconomics and teach an MSc module on the New Economics of Prosperity at IGP.

UPCOMING EVENTS

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    “Our robust finding is that research productivity is falling sharply everywhere we look” (AER, 2020) is one explanation for the productivity slowdown. We look for explanations why and look at the nature of creativity and what conditions are most conducive to greater creativity.
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