US Mountain Time
Sam Bowles (Santa Fe Institute) and Wendy Carlin (University College London; SFI)
Our campus is closed to the public for this event.
Abstract: Like the Great Depression and WWII, the COVID-19 pandemic (along with climate change) will alter how we think about the economy and public policy, not only in seminars and policy think tanks, but also in the everyday vernacular by which people talk about their livelihoods and futures. It will likely prompt a leftward shift on the government-versus-markets axis. But more important, it may overturn that anachronistic one-dimensional menu of policy alternatives by including approaches drawing on social values going beyond compliance and material gain to include ethical motivations of solidarity and duty that underpin community.