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What's the Point of an Economy?

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Economics is at the core of contemporary politics. Economic growth rates determine the fate of politicians and whole governments: “It’s the economy stupid, stupid!”. No wonder economics is the guiding social science in academia, often admired for its rigor, conceptual precision and impact on society.

However, there seems to be no agreement as to what the aim of an economy should be. While some seem to treat the GDP of a country as a good in itself, others criticize that GDP /per capita need not necessarily represent the wellbeing of the people. The left-wing critique is that the outcome of our economy should be equally or justly distributed. Others might argue that the wellbeing of people is only secondary to scientific, social or indeed intellectual progress. How can we resolve this question?

This discussion group should serve as a kick-off event for our conference on March 19th at which we are going to explore these questions in the overlap between philosophy and economics together with leading experts from both fields. At our kick-off event, we will discuss the underlying ideas and talk about how to apply to be a member of the Conference board, which is going to plan and organise the conference

Everyone is welcome, no knowledge in philosophy or economics is needed.

Please find our Facebook event here: https://www.facebook.com/events/738683096279772/?notif_t=plan_user_associated&notif_id=1477150301345486

This talk is part of the Apotheosis Cambridge series.

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