The Soul of Economics – Call for Papers

This conference will bring together economists, philosophers of economics, sociologists of economics, and historians of economics to identify the major debates that economists have opened or re-opened in the aftermath of the crisis. The aim of the conference is to provide a platform for reflecting further on such debates and to better understand where the soul-searching could constructively lead us in the future. Abstracts can be submitted the latest by June 16, 2019. Authors will be notified the latest by July 15, 2019.

The Circular Economy: Building an Economy on the Template of Nature

“What does a circular economy mean? It is often misunderstood as just good recycling. While it is certainly true that the proper collection and treatment of waste and products, machines, clothes or buildings and other artefacts at the end of their usage is a key element of a circular economy, it is by far not the only requirement and not necessarily the one to start with.”

How Board Members Really Feel About ESG, from Deniers to True Believers

“we interviewed 25 experienced European non-executive directors representing 50 large, well-known companies. […] Unsurprisingly, we encountered a wide range of individual attitudes — from out-and-out skepticism around the importance of Environmental, Social, and Governance (ESG) criteria to fervent belief. But when we looked a little more closely we discovered that directors cohere around five distinct archetypes of behavior. In profiling the different types, we identified strategies to help directors overcome resistance to ESG issues at the director level.”

Why the World Is Due a Revolution in Economics Education

“Economic thinking governs much of our world. But the discipline’s teaching is stuck in the past. Centred around antiquated 19th-century models built on Newtonian physics, economics treats humans as atomic particles, rather than as social beings. While academic research often manages to transcend this simplicity, undergraduate education does not – and the influence of these simplified ideas is carried by graduates as they go on to work in politics, media, business and the civil service.”

Ethical Questions Concerning Trade with China

This week it became public that at the Dutch company ASML trade secrets were stolen by former employees of Chinese descent. Many people were schocked, because ASML is the flagship of the Dutch knowledge economy. That this is such a sensitive issue is also because recently growing concerns have arisen about how China is developing into a world power.

Capitalism May Be under Fire, But Competition Is Extremely Popular

“Competition is a central tenet of a market economy. As long as scarcity exists, not all wants can be fulfilled, so economic actors must compete for scarce resources.

This is, of course, something far more straightforward to those versed in economic theory than it is to the average consumer. It’s interesting, therefore, to examine what the public thinks about competition between businesses. Thanks to the latest Flash Eurobarometer, we can do just that.”

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