Moral Markets? Portal to Knowledge & Open Debate Fri, 16 Mar 2018 16:38:39 +0000 en-US hourly 1 Overcoming Zero-Sum Games to Sustain Growth and Globalisation Wed, 14 Mar 2018 10:28:58 +0000 VOX ("research-based policy analysis & commentary from leading economists")]]> VOX ("research-based policy analysis & commentary from leading economists")

"Some in the West argue that the emerging countries have prospered from globalisation at the expense of low- and middle-income classes in advanced countries by abusing open trade. Others in the East counter that the problem is the unfair distribution in Western countries of the benefits derived from global integration. This column argues that Europe's stance on globalisation – a combination of enforcement of a level playing field at home and abroad and a welfare state that mitigates polarisation and empowers middle classes – is capable of overcoming these zero-sum stories by reconciling higher growth with a fairer distribution of income and opportunities and a multidimensional concept of sustainability and well-being."]]> 0
The Relationship between Capitalism, Virtues and Human Flourishing (Call for Papers) Tue, 13 Mar 2018 16:28:15 +0000 Good Markets project]]> Good Markets project

The research project 'What Good Markets are Good for' is organizing a special track at the upcoming conference of the European Business Ethics Network. ]]> 0
The Consumer Benefits of Trade Agreements: Evidence from the EU Trade Policy Mon, 12 Mar 2018 08:42:17 +0000 VOX ("research-based policy analysis & commentary from leading economists")]]> VOX ("research-based policy analysis & commentary from leading economists")

"A central tenet of international economics is that lowering trade barriers increases welfare. [...] While economists have tried to quantify the overall gains from openness [...], there is not much evidence for actual trade agreements, and little is known about the relative importance of the channels through which trade agreements affect welfare. [...] In recent work, we study the consumer impact of trade agreements negotiated by the EU between 1993 and 2013"]]> 0
Three TEDx Talks on Business Ethics Sun, 11 Mar 2018 19:48:05 +0000 Ilse Oosterlaken]]> Ilse Oosterlaken

Three TEDx talks - from a researcher in economics, an entrepreneur and a business consultant - on upholding values in a business environment.]]> 0
How Corporate Social Responsibility Projects Can Be Derailed Sun, 11 Mar 2018 19:46:49 +0000 The Conversation ("Academic Rigour, Journalistic Flair")]]> The Conversation ("Academic Rigour, Journalistic Flair")

"Big companies operating in developing countries often use corporate social responsibility initiatives to position themselves as development agents and friends of the host communities. But in places like South Africa – and within the mining sector in particular – initiatives aren’t achieving the objectives they were designed to meet."]]> 0
In Defense of Neoliberalism Wed, 07 Mar 2018 21:41:54 +0000 CapX ("for popular capitalism")]]> CapX ("for popular capitalism")

"Philip Mirowski’s essay “Neoliberalism: The Movement That Dare Not Speak Its Name” is representative of a whole genre of Left-wing anti-“neoliberal” writing, which uses the term as a catch-all term to describe all the modern world’s ills. Despite having, until recently, few self-identified supporters, neoliberalism is blamed for the housing crisis, the Russian mafia, an epidemic of loneliness, the EU, literally all of our problems, Hillary Clinton and Donald Trump. But read it for yourself – it’s nearly impossible to follow his point."]]> 0
A New Way to Measure Growth and Development: The Inclusive Development Index Tue, 06 Mar 2018 08:17:15 +0000 VOX ("research-based policy analysis & commentary from leading economists")]]> VOX ("research-based policy analysis & commentary from leading economists")

"Recent political developments in many countries suggest that most of their citizens lack confidence in the assumption of the standard growth model that everyone in a society benefits from GDP growth. This column proposes a multidimensional 'Inclusive Development Index', based on a dashboard of indicators in growth and development, inclusion, and intergenerational equity and sustainability. GDP per capita growth is weakly correlated with performance in many of the new index’s indicators, including those pertaining to employment, income and wealth inequality, and carbon intensity."]]> 0
Four TEDx Talks on Whether Free Markets Are a Good Idea Thu, 01 Mar 2018 13:17:40 +0000 Ilse Oosterlaken]]> Ilse Oosterlaken

Four TEDx talks - from an African economist and business woman, a Harvard philosopher, an American teenager and a Dutch journalist - on whether free markets are a blessing or a curse.]]> 0
Harmless Kidney Markets Thu, 01 Mar 2018 08:26:35 +0000 External site

"I present an alternative model for a kidney market that I believe avoids the most serious objections to kidney markets. In contrast to previous arguments that suggest that the benefits of regulated kidney markets would outweigh the harms, I will propose a model that is harmless [...] this suggests that we can reap the benefits of a kidney market without the ethical costs that have raised concerns."]]> 0
Dear Business Schools: Profits are Not the Point Wed, 28 Feb 2018 19:50:33 +0000 Conscious Capitalism]]> Conscious Capitalism

"Capitalism exploits workers. Capitalists are greedy. Capitalists destroy the environment. Or so say capitalism’s critics. The litany of complaints about capitalism stretches to the horizon, ignoring the fact that capitalism has improved the lives of countless millions and serves as the single-most powerful force for good the world has ever seen. Why the disconnect?"]]> 0