The Scottish economist dedicated his life’s work to understanding the consequences – moral, social and political – of capitalism. Both neoliberals and leftwingers claim his legacy.
As a young investor, the founder of modern macroeconomics John Maynard Keynes might well have bought Bitcoin. The older Keynes would not have. It’s instructive to examine why.
Three stories from Australia and the UK exploring the role of art in helping people deal with the challenges life throws at them. Listen to The Conversation Weekly podcast.
Rethinking capitalism requires that the primary focus should be on the distribution of economic power as the potential leading causal factor driving inequality.
Massive stimulus plans combined with rising production costs could lead to expectations that inflation will rise. And that alone could trigger an inflationary spiral not seen in 25 years.
Professor of Globalisation and Development; Director of the Oxford Martin Programmes on Technological and Economic Change, The Future of Work and the Future of Development, University of Oxford