Morality -- the Forgotten Key to Prosperity


The importance of morality in the business sector is increasingly coming into focus. A debate is flourishing internationally about the need for moral behavior in order to maximize social welfare and growth. As a contribution to this debate, IFN, the Research Institute of Industrial Economics, has invited Professor David C. Rose, University of Missouri-St. Louis, to give a speech on the topic “Morality – the Forgotten Key to Prosperity.”

David C. Rose is the author of the book The Moral Foundation of Economic Behavior (Oxford University Press, 2011). Rose’s starting point is the lack of trust between people caused by individuals that utilize interactions for their own benefit and quite frequently at the expense of others. Rose analyses, reasons and provides new arguments for why it is important that people genuinely trust others – because in key circumstances formal institutions are incapable of combating opportunism.

Following a keynote address by David C. Rose a panel will discuss the economic importance of morality. Besides Professor Rose, Inga-Britt Ahlenius, former Director General of the National Audit Office and Director of the UN internal audit, and Niclas Berggren, Associate Professor and researcher at the IFN, will participate. The discussion will be moderated by Thomas Gür, entrepreneur and author.


Location: IVA, Grev Turegatan 16, Stockholm.
Time: Thursday, September 26 at 8:30 to 10:00,
a light breakfast wil be served from 8.00.


Listen to an interview with David C. Rose on Econtalk.

Registration at latest by September 16, 2013.

The seminar is free, though by cancellation after Sept 21 an administrative fee of SEK 200 will be charged.

Leading Research Environment

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The Research Institute of Industrial Economics, IFN, is a private and independent foundation devoted to pursuing highly relevant research for trade and industry.

The researchers at IFN are united in their belief that economic methods offer a powerful tool for understanding society.

The main research programs are:

  1. economics of entrepreneurship
  2. globalization and corporate restructuring
  3. economics of the service sector
  4. economics of the electricity markets
  5. economics of institutions and culture.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 |