Spring 2010 | Public lectures and events | Video

Contributor(s): Professor Geoffrey Hodgson, Professor Albert Marcet, Paul Ormerod, Professor John Sutton | The recent global crisis has lead to questions being asked about whether the kind of economics being taught to students in leading economics departments was responsible for the widespread failure to predict the timing and magnitude of the events that unfolded in 2008. Critiques range from an absence of historical context in mainstream teaching of economics to excessive reliance on mathematical models. This panel brings together four leading economists to debate this issue and to discuss what changes in the economics curriculum and the way that it is delivered are desirable.

Contributor(s): Professor Paolo Mancini | Mostly outside Italy, there is a widespread common sense about Berlusconi and his political adventure: he has been able to enter successfully the political arena because of his television empire and because of his unclear links with illegal groups and business. This interpretation is undoubtedly true but it is also a limited one as it is not able to point out all the novelties that Berlusconi may represent. Indeed, the paper argues that the political adventure of the Italian tycoon may be interpreted as a signal of the end of the forms of politics that featured the last two centuries in Europe and that was constructed on the role of the mass parties and their ideological nature. This is not just an Italian phenomenon as many other European leaders underline striking similarities with the Italian Prime Minister. In particular three main features of the new forms of politics that these leaders represent are discussed: 1) commodification of politics; 2) life style politics; 3) televised politics. Examples from other political leaders and theoretical frameworks are provided.

Contributor(s): Professor Amartya Sen | This lecture is in honour of Dr Indraprastha Gordhanbhai (I.G) Patel who was the ninth director of the London School of Economics from 1984 to 1990. Amartya Sen is Thomas W. Lamont University Professor, and Professor of Economics and Philosophy, at Harvard University and was until recently the Master of Trinity College, Cambridge. He has served as President of the Econometric Society, the Indian Economic Association, the American Economic Association and the International Economic Association. He was formerly Honorary President of OXFAM and is now its Honorary Advisor.

Contributor(s): Dr Simon Glendinning, Dr Edward Skidelsky | This dialogue will examine the resources left to us to find meaning in our modern day lives. Simon Glendinning is a reader in European philosophy at the European Institute, LSE, and director of the Forum for European Philosophy. Edward Skidelsky is a lecturer in the Department of Sociology at the University of Exeter.

Contributor(s): Misha Glenny, Michael Hartmann | The panel will discuss the impact of legalising and regulating the international trade in illegal drugs. They will look at whether it would curb crime and war financing, and if it would promote development in fragile states. Misha Glenny is a journalist and author of McMafia: seriously organised crime. Michael Hartmann is manager and senior adviser of the Criminal Justice Programme at the United Nations Office on Drugs and Crime.

Contributor(s): Professor Richard Doner | Can the dynamic, export-oriented economies of Southeast Asia sustain their growth in light of the global economic crisis? Professor Doner will consider the questions economists typically overlook. Richard Doner is professor of political science at Emory University in Atlanta, Georgia

Contributor(s): Sara Parkin | In the absence of an adequate response to unsustainability by political leaders, it is up to the rest of us to lead the way. Sara Parkin is a founder director of Forum for the Future.

Contributor(s): Anders Borg | Faced with a record deficit and an accelerating debt, the UK will have to embark on a process of massive fiscal consolidation in order to bring public finances back to sustainability. How is this best done and what lessons can be learned from the Swedish experience of fiscal consolidation in the 1990s? Anders Borg is Minister for Finance in Sweden and has chaired the ECOFIN Council during the 2009 Swedish EU Presidency. He has previously worked as an advisor on monetary policy issues at the Swedish Central Bank and as chief economist at several Swedish banks.

Contributor(s): Martin Jacques | The years immediately following the end of the Cold War gave rise to the notion that the world was entering yet another American Century. But the next century will be decidedly Chinese and the rest of the world needs to adjust to this fact fast. Martin Jacques is a visiting senior fellow at LSE IDEAS. This event celebrates the publication of his book When China Rules the World: the rise of the middle kingdom and the end of the western world.

Contributor(s): Professor Gilles Kepel | This lecture will look at the complex character of the Muslim population in Europe and explain the many different ways in which they see the world around them. Gilles Kepel is the Philippe Roman Chair in History and International Affairs at LSE IDEAS.