The idea is the idea of growth
The well-known economist Deirdre McCloskey, Professor at University of Illinois at Chicago, opened a seminar entitled The idea is the idea of growth. Bettina Kashefi, chief economist at the Confederation of Swedish Enterprise, and Ola Pettersson, chief economist at the Swedish Trade Union Confederation, were included in the subsequent panel. McCloskey spoke about her book "Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World" (University of Chicago Press, 2016). She explained that not economics but “humanomics” explains our riches. McCloskey has written 17 books and about 400 scholarly pieces on topics ranging from technical economics and statistical theory to transgender advocacy and the ethics of the bourgeois virtues.
The moral psychology of economic life & What the hell is happening to western democracies?
Jonathan Haidt presented his research about morality at a seminar on June 28, 2016. He explained how it can be that left and right views are so different (in most countries), and what capitialism does to consciousness and to conscience – how it changes values. Jonathan Haidt is a social psychologist and Professor of Ethical Leadership at New York University’s Stern School of Business.
Entrepreneurship Prize Award Lecture 2016 with Philippe Aghion
Professor Philippe Aghion, Collège de France, received the Global Award for Entrepreneurship Research 2016 on an award ceremony at Grand Hotel in Stockholm. Faced with an ample audience Aghion held a prize lecture on growth and innovation. Global Award is the world's leading award in entrepreneurship research, with a prize sum of almost one million. Philippe Aghion is one of today’s most influential researchers in the field of economics.
Equity between generations
Harold James, Professor of History and International Affairs, Princeton University, presented the 2016 EEAG Report and a chapter about intergenerational fairness in today’s Europe. Mats Persson, Professor of Economics at Stockholm University, commented on the report. This was followed by a discussion moderaterad by journalist Paulina Neuding. The topics veered from the many asylum seeking immigrants and unemployment among European youth to retirement benefits, and what these developments will mean to the society of tomorrow.
Politics vs the economy? When policy uncertainty curbs economic growth
Does policy uncertainty curb economic growth, was the key question asked and answered by Professor Steven Davis, University of Chicago Booth School of Business, at a seminar organized by IFN. Davis is co-founder of the Economic Policy Uncertainty Index, which measures economic uncertainty and its impact on production, investment and employment. The seminar panel also included Max Elger, State Secretary in the Ministry of Finance, Ulf Kristersson, Economic Policy Spokesperson the Moderate Party and Professor John Hassler, Chairman of the Swedish Fiscal Policy Council.
GDP is not enough – Or how to measure life
GDP is problematic as a measure of growth, but this does not mean that GDP is useless, explained Professor Diane Coyle, University of Manchester, in a seminar organized by IFN May 7. Coyle said that GDP is insufficient as a measure and what is probably needed is a dashboard of indicators. At the seminar, she mentioned a number of existing alternative measures, including Social Progress Index, which was created in 2014.
Crony capitalism vs. free markets
Luigi Zingales, Professor of Entrepreneurship and Finance at the University of Chicago, presented his research on crony capitalism and pro-market vs. pro-business, at a seminar organized by IFN: Comments were given by Magnus Henrekson, Professor and Managing Director of IFN, and Christian Bjørnskov, Professor at Aarhus University.
The Decline and Fall of the Stock Market
Stock markets fulfill dual functions: they enable firms to raise capital by issuing shares to the public and at the same time allow institutions/individuals to invest and take part in the listed companies’ profits. In addition, they serve as a trading venue for the shares, thereby providing liquidity to shareholders. But in many countries, stock market listings are falling out of favor. What are the consequences of this trend for corporate investments and economic growth?