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.