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Category: Good Markets project

A Joyful Economy – Why Do We Work So Hard?

The free market economy is, whether we want it or not, a central aspect of our lives. The bad side effects – like burnouts, the growing gap between rich and poor and climate change – start to become clearer. So to which end do we have this free market economy? Why do we work so hard? Can’t we just work fifteen hours a week like Keynes once predicted? A lecture organized by Moral Markets in collaboration with Studium Generale of Erasmus University Rotterdam.

Why the Economy Needs a Theology of the Body

“The promises of virtualization and automation are often exaggerated, as are their dangers. It is possible for an increasingly virtualized and automated economy to actually be more humane, but only if such an economy does justice to the human realities of incarnation and relation”, so Moral Markets researcher Jordan Ballor argues.

‘Two Hundred Years Back, One Hundred Years Ahead: From One Revolution to Another’

Two hundred years ago, a seemingly megalomaniac and even hopeless project was started in the West: overcoming poverty by creating more prosperity. This project was called “Progress”. Two hundred years later we can only conclude that this project was more successful than we could have anticipated. However, this project also has some serious shadow sides. As humanity we have to start a new, at first sight almost equally megalomaniac project for the next hundred years: making our prosperity sustainable.

More Equal Distribution of Wealth Makes People Happier

Since the liberalization of the Western economies in the 1980s and 1990s, income inequality has increased dramatically. In the public debate, the question arises how this inequality impacts societies and what role it plays in the functioning of the economy. Bjorn Lous has studied this issue, based on the question: How do the various aspects of economic freedom relate to (inequality of) life satisfaction and trust through their relationship with income inequality?

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