Apprenticeship and economic growth in early modern England
Contributor(s): Professor Patrick Wallis | In his latest book, The Market for Skill: apprenticeship and economic growth in early-modern England, which forms the basis of this event, Patrick Wallis shows how apprenticeship helped reshape the English economy between 1500-1800.
By detailing the activities of apprentices and masters, the strategies of ambitious parents, the interventions of guilds and the decisions of town officials, he shows how the system contributed to the growth of cities, the movement of workers, and the spread of new technologies. He argues that this success was because it was a flexible institution which allowed apprentices to change their minds and exit contracts early, providing a vital training accessible to most young people, whatever their background.
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1:29:46
Neoliberalism and social justice? Reconciling Adam Smith and John Rawls
Contributor(s): Dr Nick Cowen, Dr Paola Romero | This event will explore the relationship between Rawlsian liberal egalitarianism and neoliberalism, based on Nick Cowen's book Neoliberal Social Justice. His timely and provocative book challenges the conventional wisdom that neoliberal capitalism is incompatible with social justice.
In the book Nick tackles the crucial intersection of economic liberty and moral philosophy, highlighting the perspectives of John Rawls and Adam Smith. He confronts the ongoing debate between classical and egalitarian liberalism, showing how commerce does more than create consumer goods but also shapes society’s moral character, often in a positive direction.
The lecture will explore how and whether market economies can be a driving force for social equality and the case for recognizing basic economic liberties as fundamental rights. This lecture is significant for anyone passionate about political theory, economics, and social justice, as Cowen illuminates the indispensable role of economic activity in developing moral powers.
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1:31:43
The corporation in the 21st century
Contributor(s): Professor Sir John Kay | Join us as John Kay, one of Britain’s leading economists, discusses his new book The Corporation in the 21st Century: Why (almost) everything we are told about business is wrong, a radical reappraisal of the nature and activities of business - what it is for and how it works.
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1:08:05
The power of data: ethics, politics, and public interest
Contributor(s): Dr Alison Powell, Dr Chris Wiggins, Dr Erin Young | Data profoundly influences all of our lives and the social, economic and political systems that govern them. Everywhere we turn we are creating increasing amounts of data that powers decision-making algorithms and shapes our future. It is however important to remember how partial and biased data can be given the privileged position it has in the perception of absolute truth.
This event will discuss important questions around the role of data science in understanding and shaping the public interest, from access to information to civic participation and business development to democratic processes.
It will offer a framework for understanding the persistent role of data in rearranging power, with Chris Wiggins reflecting on the history and future of data drawing on his book How Data Happened. Alison Powell, author of Undoing Optimization, discussing the ethics and politics of data practices and Erin Young considering inclusion practices in data science and AI across the public and private sectors.
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1:25:00
The death and life of the center-left
Contributor(s): Will Hutton, Professor Robert Kuttner, Professor Stephanie J. Rickard | Since the 1990s, progressive parties have tended to combine globalist neoliberal policies with avant-garde social views. Life steadily became more precarious for large numbers of working people, who lost confidence in traditional left-of-center parties.
Economically stressed and culturally conservative lower- and middle-income voters found themselves no political champion and turned increasingly to the nationalist, authoritarian right. This trend is in drastic contrast to the economics of the postwar boom, when the center-left and center-right shared basic assumptions about how to manage and regulate capitalism. Global trade and migration expanded at a socially bearable pace that did not undermine national social contracts. The politics of that era produced economic security for ordinary people and strengthened democratic institutions. With the loss of confidence in both center-left parties and in democracy itself, what is a conceivable road back to building a society that is both dynamic and secure, and that restores a believable center-left?
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