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Creating a New Political Economy Framework: Where Do We Go From Here?

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This is episode 21 in CASBS's webcast series Social Science for a World in Crisis. Learn more about the series and view previous episodes here.

Debra Satz, dean of the School of Humanities and Sciences, Stanford

Elizabeth Anderson, University of Michigan
Samuel Bowles, Santa Fe Institute
Sir Angus Deaton, Princeton Univ.
Amy Kapczynski, Yale Univ.

In the wake of a widespread sense that neo-classical economic models have failed us, we have an opportunity to improve the explanatory and normative dimensions of economics by incorporating insights from other disciplines. For example, consider that incorporating findings from psychology and the behavioral sciences can improve the predictive power of economic models. Or consider that incorporating ethical values into our economic framework may broaden our focus beyond fungible individual goods like income and wealth to encompass concerns such as dignity and the nature of our relationships.
Join Elizabeth Anderson, Samuel Bowles, Sir Angus Deaton, and Amy Kapczynski in conversation with Debra Satz as they explore and interrogate values economists should consider if we are to move toward a political economic framework that is more fair, equitable, and sustainable.

Episode partner organizations: Curriculum Open-access Resources in Economics (CORE), the IFS Deaton Review, the McCoy Family Center for Ethics in Society at Stanford University, and the William + Flora Hewlett Foundation.