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The Separate Lives of Social and Economic Prosperity: Concepts and Evidence from the G20
The seminar will cover theoretical and empirical research on the relation between economic and social prosperity. Economic prosperity is primarily about goods and services produced and consumed by economic agents. Social prosperity, by contrast, is about collaborative relationships among agents. These relationships may induce individuals to make decisions beyond enlightened self-interest in order to address collective challenges. In the process, agency becomes distributed across individual and group levels. The relations between these two types of prosperity is discussed. Then we explore consistent measures of social and economic prosperity across G20 member states through time and examine the associated empirical regularities. Finally, policy implications are discussed.
About the speaker
The seminar will cover theoretical and empirical research on the relation between economic and social prosperity. Economic prosperity is primarily about goods and services produced and consumed by economic agents. Social prosperity, by contrast, is about collaborative relationships among agents. These relationships may induce individuals to make decisions beyond enlightened self-interest in order to address collective challenges. In the process, agency becomes distributed across individual and group levels. The relations between these two types of prosperity is discussed. Then we explore consistent measures of social and economic prosperity across G20 member states through time and examine the associated empirical regularities. Finally, policy implications are discussed.
Date:
7 November 2024, 14:00
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Seminar Room G and online via Zoom
Speaker:
Prof Dennis Snower (Global Solutions Initiative / Blavatnik School of Government Senior Research Fellow)
Organising department:
Institute for New Economic Thinking
Organisers:
Fiona Burbage (INET Oxford, University of Oxford),
Prof Eric Beinhocker (INET Oxford Executive Director)
Organiser contact email address:
events@inet.ox.ac.uk
Host:
Prof Eric Beinhocker (INET Oxford Executive Director)
Booking required?:
Required
Booking url:
https://www.inet.ox.ac.uk/events/inet-seminar-mt24-w4-dennis-snower
Cost:
free
Audience:
Public
Editor:
Fiona Burbage
