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Understanding Social Macroeconomics: Third Annual Conference

Wed 21 Oct

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registration: r.arnold@niesr.ac.uk

Most economic crises are only ‘surprises’ in the sense that they are outside of our mode of thinking (A.N. Whitehead) and therefore our collective imagination. But any call to action cannot be heard, no matter how powerful the voice, if it is beyond our collective imagination.

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Date & Location

21 Oct 2020, 09:00 – 23 Oct 2020, 17:00

registration: r.arnold@niesr.ac.uk

About the Event

For speakers, times and more details please see below.

If you would like to join us, please contact r.arnold@niesr.ac.uk for login credentials.

Confirmed Speakers: 

Over the last twelve years, we have had at least three major macroeconomic crises: the global financial crisis; a collapse of productivity growth; and the economic impact of COVID-19. Each one is global with huge social consequences, and each one and caught us completely unprepared. Our response has been to take our analytical car back to the garage for yet another repair.

Is it reasonable to strive for better? A common refrain is that this is a dumb question: crises are by definition surprises and so cannot be predicted and therefore prevented. This is reminiscent of Voltaire’s solace after the devastation of the Lisbon Earthquake, famously challenged by Rousseau who gave the first ‘social science’ response to a disaster. He argued that most of the loss…

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