Like the wind, knowledge can be difficult to see or grasp, but if well-harnessed, it can help us do extraordinary things. In this talk, Dr Penny Mealy will discuss how novel analytical tools are providing new insights into the use of knowledge in society, and highlight implications for economic development, inequality and the transition to the green economy.

The 5th Annual Oxford Business and Poverty Conference will feature a diverse range of speakers addressing the Paradoxes of Prosperity. Sign up here: https://www.eventbrite.com/e/5th-annual-oxford-business-poverty-conference-tickets-57733957822
Hosted at the Sheldonian Theatre, the conference will feature keynotes by:
Lant Pritchett: RISE Research Director at the Blavatnik School of Government, former Senior Fellow at the Center for Global Development
Efosa Ojomo: Global Prosperity Lead and Senior Researcher at the Clayton Christensen Institute
John Hoffmire: Director of Center on Business and Poverty and Research Associate at Kellogg Colleges at Center For Mutual and Employee-owned Business at Oxford University
Ananth Pai: Executive Director, Bharath Beedi Works Pvt. Ltd. and Director, Bharath Auto Cars Pvt
Laurel Stanfield: Assistant Professor of Marketing at Bentley College in Massachusetts
Grace Cheng: Greater China’s Country Manager for Russell Reynolds Associates
Madhusudan Jagadish: 2016 Graduate MBA, Said Business School, University of Oxford
Tentative Schedule:
2:15-2:20 Welcome
2:20-2:50 Efosa Ojomo, co-author of The Prosperity Paradox, sets the stage for the need for innovation in development
2:50-3:20 John Hoffmire, Ananth Pai and Mudhusudan Jagadish explain how the Prosperity Paradox can be used in India as a model to create good jobs for poor women
3:20-3:40 Break
3:40-4:10 Laurel Steinfeld speaks to issues of gender, development and business – addressing paradoxes related to prosperity
4:10-4:40 Grace Cheng, speaks about the history of China’s use of disruptive innovations to develop its economy
4:40-5:15 Break
5:15-6 Lant Pritchett talks on Pushing Past Poverty: Paths to Prosperity
6:30-8 Dinner at the Rhodes House – Purchase tickets after signing up for the conference
Sponsors include: Russell Reynolds, Employee Ownership Foundation, Ananth Pai Foundation and others

In Origin of Species, Charles Darwin described how a population explosion occurs and called the time of population explosion “ favourable seasons”, he was not to know it, but such circumstances arose for his own species at around the time of his own birth. However, the favourable seasons for human population growth were not experienced favourably, with times of great social dislocation from small scale enclosure to global colonisation. Now those seasons are over, we have experienced the first ever sustained slowdown in the rate of global human population growth. This has been the case for at least one human generation. However, we are not just slowing down in terms of how many children we have, but in almost everything else we do, other than in the rise in global temperatures that we are recording and that we have to live with. It can be argued that there is even a slowdown in such unexpected areas as debt, publishing, and in the total amount useful information being produced.

If this is true – that humanity is slowing down in almost everything that we do – what does this mean? What measurements suggest that slowdown is true? And if so much is still rising, albeit at slower and slower rates – is that such a great change? Finally how might the slowdown impact on economic thought. In many ways economics was the science of the great acceleration; a science that makes most sense when markets are expanding and demand is rising. What kind of an economics is needed in a world where enormous and accelerating growth has stopped being the normality?

Professor Sir Paul Collier and Professor Colin Mayer CBE will share the latest thinking and research into the future of capitalism and the corporation to understand how business might be changed to make it work better for society. The speakers will bring together their new books, The Future of Capitalism: Facing The New Anxieties and Prosperity: Better Business Makes the Greater Good, alongside the British Academy’s Future of the Corporation programme research to pose serious questions of our economic system.

This talk will be followed by a drinks reception, book sale and signing, all welcome

For centuries, England’s elite have covered up how they got their hands on millions of acres of our land, by constructing walls, burying surveys and more recently, sheltering behind offshore shell companies. But with the dawn of digital mapping and the Freedom of Information Act, it’s becoming increasingly difficult for them to hide.

In June’s House Matters, Open House welcomes Guy Shrubsole, the author of the new book ‘Who Owns England?’. Cat Hobbs, the founder of ‘We Own It’, will be chairing the discussion and we’ll also have the Who Owns Oxford group demoing their new website which intends to visualise contemporary and historic land ownership in the County and tell stories of how it affects us all.

Trespassing through tightly-guarded country estates, ecologically ravaged grouse moors and empty Mayfair mansions, writer and activist Guy Shrubsole has used these 21st century tools to uncover a wealth of never-before-seen information about the people who own our land, to create the most comprehensive map of land ownership in England that has ever been made public.

From secret military islands to tunnels deep beneath London, Shrubsole unearths truths concealed since the Domesday Book about who is really in charge of this country – at a time when Brexit is meant to be returning sovereignty to the people. Melding history, politics and polemic, he vividly demonstrates how taking control of land ownership is key to tackling everything from the housing crisis to climate change – and even halting the erosion of our very democracy.

It’s time to expose the truth about who owns England – and finally take back our green and pleasant land

This is a joint book talk with The Rockefeller Foundation Economic Council on Planetary Health at the Oxford Martin School

Now that Trump has turned the United States into a global climate outcast, will China take the lead in saving our planet from environmental catastrophe? Many signs point to yes. China, the world’s largest carbon emitter, is leading a global clean energy revolution, phasing out coal consumption and leading the development of a global system of green finance.

But as leading China environmental expert and author of Will China Save the Planet? Barbara Finamore will explain in this talk, it is anything but easy. The fundamental economic and political challenges that China faces in addressing its domestic environmental crisis threaten to derail its low-carbon energy transition. Yet there is reason for hope. China’s leaders understand that transforming the world’s second largest economy from one dependent on highly polluting heavy industry to one focused on clean energy, services and innovation is essential, not only to the future of the planet, but to China’s own prosperity.

We will also hear from respondent Radhika Khosla, Research Director at the Oxford India Centre for Sustainable Development, Somerville College.

This talk will be followed by a drinks reception, book sale and signing, all welcome

The biosphere and econosphere are deeply interlinked and both are in crisis. Industrial, fossil-fuel based capitalism delivered major increases in living standards from the mid-18th through late-20th centuries, but at the cost of widespread ecosystem destruction, planetary climate change, and a variety of economic injustices. Furthermore, over the past 40 years, the gains of growth have flowed almost exclusively to the top 10%, fuelling populist anger across many countries, endangering both democracy and global action on climate change.

This talk will argue that underlying the current dominant model of capitalism are a set of theories and ideologies that are outdated, unscientific, and morally unsound. New foundations can be built from modern understandings of human behaviour, complex systems science, and broad moral principles. By changing the ideologies, narratives, and memes that govern our economic system, we can create the political space required for the policies and actions required to rapidly transform to a sustainable and just economic system.

This one-day workshop with St Cross College Professional in Residence David Scrymgeour covers the steps towards building a successful organisation, from designing, starting, and growing, to managing, changing, fixing, and evolving. The workshop will be highly practical, and will help you to develop a model for thinking about an organisation and how to apply it in clear practical steps. During the course of the day, you will look at the ‘Three Pillars’ model of organisations: Sales, finance, and operations, and there will be case studies, question and answer sessions, and plenty of time for networking over a working lunch.

About David:

David Scrymgeour has worked as an entrepreneur, consultant, trouble-shooter and community advisor. He is currently Adjunct Professor and Executive-in-Residence at the Rotman School of Management.

Tickets are £5 which covers a working lunch.

A storytelling lecture about how we cope with climate change from the ‘attractively impish’ (The Guardian) Dr Matt Winning. Presented by Oxford Comedy Festival.

As seen as the Environmental Correspondent on ‘Unspun with Matt Forde’ on Dave, BBC Three and BBC Radio2.

‘everything a Fringe show should be: hilarious, personal, inventive, and something that will stay with you for some time to come’ ★★★★★ (EdFestMag)

St Peter’s College welcomes you to a talk about Lord Nuffield, a leading figure in St Peter’s early history.

William Morris, Lord Nuffield, probably did more than any other individual to transform Oxford in the twentieth century, physically, economically and socially. His success as an industrialist allowed him to become one of Britain’s most generous benefactors; he gave away the equivalent of £1.5 billion in today’s money, to causes including health, education and academic research. This talk looks specifically at Lord Nuffield’s vital support to various Oxford colleges, including the saving of St Peter’s from closure, andhttps://interestingtalks.in/Oxford/# the founding of the college which bears his name, Nuffield College. It also explores his complex and sometimes difficult relationship with the university.

St Peter’s College Chapel
Free to attend
All welcome

We cannot end poverty without ending energy poverty. Ever since the world’s first power plants whirred to life in 1882, we have seen how electricity is the lynchpin for development in all of its forms.

Manufacturing and industrial productivity, agriculture and food security, nutrition, hygiene, water, public health, education, even community engagement, in other words, daily life in a modern economy, demand access to reliable energy.

And yet despite significant progress over nearly 140 years, more than 800 million people around the world live without access to electricity, and hundreds of millions more struggle with unreliable or unaffordable service. Families are deprived of the means to labour productively and their quality of life and status in extreme poverty goes unchanged.

We need urgently to fast-track sustainable power solutions, investments, and partnerships across the globe to catalyze an energy transformation and accelerate sustainable, reliable and modern electrification for economic development.

In this book talk the Author, Carl Benedikt Frey, will discuss how the Industrial Revolution was a defining moment in history, but how few grasped its enormous consequences at the time. Now that we are in the midst of another technological revolution how can the lessons of the past can help us to more effectively face the present?

This talk will be followed by a book sale, signing and drinks reception. All welcome.

The persistence of poverty – in rich and poor countries alike – is one of the most serious problems facing humanity. But what is poverty and how much of it is there around the globe?

John Micklewright will present Professor Sir Tony Atkinson’s new book, Measuring Poverty around the World, which he and Andrea Brandolini edited after Sir Tony’s death.

The book talk will be followed by a discussion

Professor Sabina Alkire, Director, Oxford Poverty and Human Development Initiative (OPHI)
Andrea Brandolini, Head, Statistical Analysis Directorate, DG Economics, Statistics and Research, Bank of Italy
Professor John Micklewright, Professor Emeritus, UCL
Professor Brian Nolan, Lead Researcher, Oxford Martin Programme on Inequality and Prosperity
There will be a drinks reception and book sale after the talk, all welcome

Alongside our conference on 19th October, Greene’s Institute will be hosting our first public event: a special interactive keynote with Professor Henrike Lähnemann (University of Oxford). This event promises to be a fantastic exploration of one of the most important acts of translation in European history. All are welcome.

Migration is present at the dawn of human history – the phenomena of hunting and gathering, seeking seasonal pasture and nomadism being as old as human social organisation itself.

The flight from natural disasters, adverse climatic changes, famine, and territorial aggression by other communities or other species were also common occurrences.

But if migration is as old as the hills, why is it now so politically sensitive? Why do migrants leave? Where do they go, in what numbers and for what reasons? Do migrants represent a threat to the social and political order? Are they none-the-less necessary to provide labour, develop their home countries, increase consumer demand and generate wealth? Can migration be stopped? One of Britain’s leading migration scholars, Robin Cohen, will probe these issues in this talk

Please register via the link provided.

This talk will be followed by a book sale, signing and drinks reception, all welcome. Copies available at half price — £10 — to cash buyers only.

Adam Smith is world-famous as a founding father of economics, and well-known to political theorists and philosophers for his Theory of Moral Sentiments (TMS). His work as a jurist is much less well known. As a notorious perfectionist, he worked for decades on a book that would have spanned the ground between the moral philosophy of TMS and the empirical sociology and economics of Wealth of Nations (WN). He never completed it, and on his deathbed he asked his executors to destroy his manuscripts. Which, sadly for us, they did.

But thanks to two near-miraculous survivals we know a great deal about what Adam Smith’s book on jurisprudence would have said. Two of his Glasgow students kept detailed notes of his lectures there between 1762 and 1764. One set was rediscovered in 1895, the other in 1958. They were taken in successive academic years, and they show that Smith shifted the order in which he presented his topics, but not the essentials of his course. The two independent sources validate each other.

Professor Iain McLean will lay out the principles of Smith’s jurisprudence; show how it forms the bridge between TMS and WN; and try to show Smith’s half-submerged influence on the new republic of the United States, in whose revolution he took a great deal of interest.

The lecture opens a one-day workshop on Tuesday 13 November on the jurisprudence behind the writings and philosophy of Adam Smith.

Iain McLean was born and brought up in Edinburgh. He is Senior Research Fellow in Politics at Nuffield College, Oxford. One of his research interests is the interaction of the Scottish, American, and French Enlightenments of the 18th century. His Adam Smith: Radical and Egalitarian (2006) was written at the instigation of Smith’s fellow Fifer Gordon Brown.

In this lecture, in honour of Edward Greene, Donald Meek will describe the fascinating process of Gaelic Bible translation in Scotland and Ireland. Beginning with the standard Gaelic Bible, translated between 1767 and 1804, Donald will explain its creation, and its debts to the work of earlier translators and revisers, including the Rev. Robert Kirk of Aberfoyle (who produced ‘Kirk’s Bible in 1690), but pre-eminently to the foundational labours of the translators of the Bible into Classical Gaelic in Ireland in the earlier seventeenth century. Both the principal translators of that period – Bishop William Ó Dómhnaill and Bishop William Bedell – studied at Emmanuel College, Cambridge, where they were trained in biblical languages by the first Master of Emmanuel, Lawrence Chadderton. By way of comparison and contrast, brief reference will be made to the somewhat different histories of Bible translation into Manx and Welsh. The lecture will conclude with some discussion of the profound influence of the Gaelic Bible on the development of modern Scottish Gaelic literature, and its enduring legacy

Inaugural event in our new events series focusing on responsible leadership: Driving Diversity and Inclusion Seminar Series.

Progress on diversity in the UK civil service and why it matters. How the dial only really shifted on gender, and why the focus is now on inclusion and addressing bullying and harassment. What the good leaders are doing?

Dame Sue Owen will give a talk followed by a Q&A with the audience moderated by Sue Dopson, Rhodes Trust Professor of Organisational Behaviour, Fellow of Green Templeton College, Deputy Dean of Saïd Business School.

Event Schedule:
17:15 – Registration opens
17:45 – Event starts
18:45 – Drinks reception
19:45 – Close

When the UK joined the EU in 1973 all previous trade barriers with the EU were abolished, which led to a strong intensification of trade with the European continent.

This situation will soon be a thing of the past, however, as new trade barriers will be erected with the withdrawal. Since the food self-sufficiency rate in the UK is particular low newly invoked trade barriers will significantly affect how food is produced and consumed in the UK.

Please register via the link provided.

New technologies have always provoked panic about workers being replaced by machines.

In the past, such fears have been misplaced, and many economists maintain that they remain so today. Yet in A World Without Work, Daniel Susskind shows why this time really is different. Advances in artificial intelligence mean that all kinds of jobs are increasingly at risk.

Susskind will argue that machines no longer need to reason like us in order to outperform us. Increasingly, tasks that used to be beyond the capability of computers – from diagnosing illnesses to drafting legal contracts – are now within their reach. The threat of technological unemployment is real.

So how can we all thrive in a world with less work? Susskind will remind us that technological progress could bring about unprecedented prosperity, solving one of mankind’s oldest problems: making sure that everyone has enough to live on. The challenge will be to distribute this prosperity fairly, constrain the burgeoning power of Big Tech, and provide meaning in a world where work is no longer the centre of our lives.

This talk will be followed by a drinks reception, book sale and signing, all welcome.

Come and take a role in a simulation of our world between now and 2030. It’s a challenging time and other people will have different objectives to yours.
How can business and society create the world we all want?
Can the UN Sustainable Development Goals help?

Sir Martin will review the theory and practice of genuine gender equality in the workforce, including personal experience of leadership challenges in implementing gender balance leadership.

Martin was appointed President of Boeing Europe and Managing Director of Boeing UK and Ireland in June 2019. He was permanent secretary at the Department for International Trade from 2016 to 2017, and before that he spent six years as permanent secretary at the Department for Business, Innovation & Skills.

This book colloquium will discuss Shoshana Zuboff’s The Age of Surveillance Capitalism, her influential account of the challenges to humanity posed by the digital future, specifically, how the commodification of personal information threatens our core values of freedom, democracy, and privacy.

In this masterwork of original thinking and research, Shoshana Zuboff provides startling insights into the phenomenon that she has named surveillance capitalism. The stakes could not be higher: a global architecture of behaviour modification threatens human nature in the twenty-first century just as industrial capitalism disfigured the natural world in the twentieth.

Zuboff vividly brings to life the consequences as surveillance capitalism advances from Silicon Valley into every economic sector. Vast wealth and power are accumulated in ominous new “behavioural futures markets”, where predictions about our behaviour are bought and sold, and the production of goods and services is subordinated to a new “means of behavioural modification”.

The threat has shifted from a totalitarian Big Brother state to a ubiquitous digital architecture: a “Big Other” operating in the interests of surveillance capital. Here is the crucible of an unprecedented form of power marked by extreme concentrations of knowledge and free from democratic oversight. Zuboff’s comprehensive and moving analysis lays bare the threats to twenty-first century society: a controlled “hive” of total connection that seduces with promises of total certainty for maximum profit – at the expense of democracy, freedom, and our human future.

With little resistance from law or society, surveillance capitalism is on the verge of dominating the social order and shaping the digital future – if we let it.

Participants include:
Dr Christopher Decker, Economist and Research Fellow, Faculty of Law, Oxford

Denis Galligan, Professor of Socio-Legal Studies, Oxford

Ivan Manokha, Lecturer in Political Economy, Oxford

Praise for The Age of Surveillance Capitalism:
“Easily the most important book to be published this century … this generation’s Das Kapital.”
— Zadie Smith

‘Job insecurity at the end of the 20th century has given way to income insecurity at the start of the 21st.’ – Andy Haldane, July 2019

Join us for a stimulating morning of talks exploring the current challenges of income insecurity, with keynote speaker Andy Haldane, Chief Economist at the Bank of England. We will discuss labour market precarity, pay volatility and income insecurity issues in the UK and more widely, and their implications for the labour market and the structure of the social security system.

Programme:

Welcome and introduction by Charles Godfray, Director, Oxford Martin School
Keynote address: Andy Haldane, Chief Economist at the Bank of England
‘Pay volatility and income insecurity: what role for social security?’ by Jane Millar, Professor of Social Policy, University of Bath
‘Measuring economic insecurity: Why and How?’ by Matteo Richiardi, Professor of Economics and Director of EUROMOD, University of Essex, INET Associate
Panel discussion and Q&A: chaired by Brian Nolan, Professor of Social Policy at Oxford, with speakers and Fran Bennett, Senior Research and Teaching Fellow, Department of Social Policy and Intervention, University of Oxford
This event is free, but registration is essential to ensure your place.

You are welcome to bring lunch with you.

This series of talks is organised by the Oxford Martin School, Department of Social Policy and Intervention & Institute for New Economic Thinking, University of Oxford

Lecture 2: The case for collective defined contribution (CDC)
On any sensible approach to the valuation of a DB scheme, ineliminable risk will remain that returns on a portfolio weighted towards return-seeking equities and property will fall significantly short of fully funding the DB pension promise. On the actuarial approach, this risk is deemed sufficiently low that it is reasonable and prudent to take in the case of an open scheme that will be cashflow positive for many decades. But if they deem the risk so low, shouldn’t scheme members who advocate such an approach be willing to put their money where their mouth is, by agreeing to bear at least some of this downside risk through a reduction in their pensions if returns are not good enough to achieve full funding? Some such conditionality would simply involve a return to the practices of DB pension schemes during their heyday three and more decades ago. The subsequent hardening of the pension promise has hastened the demise of DB. The target pensions of collective defined contribution (CDC) might provide a means of preserving the benefits of collective pensions, in a manner that is more cost effective for all than any form of defined benefit promise. In one form of CDC, the risks are collectively pooled across generations. In another form, they are collectively pooled only among the members of each age cohorts.

Lecture 3: The case for an unfunded pay as you go (PAYG) pension

The previous two lectures grappled with various challenges that funded collective pension schemes face. In the final lecture, I ask whether an unfunded ‘pay as you go’ (PAYG) approach might provide a solution. With PAYG, money is directly transferred from those who are currently working to pay the pensions of those who are currently retired. Rather than drawing from a pension fund consisting of a portfolio of financial assets, these pensions are paid out of the Treasury’s coffers. The pension one is entitled to in retirement is often, however, a function of, even though not funded by, the pensions contributions one has made during one’s working life. I explore the extent to which a PAYG pension can be justified as a form of indirect reciprocity that cascades down generations. This contrasts with a redistributive concern to mitigate the inequality between those who are young, healthy, able-bodied, and productive and those who are elderly, infirm, and out of work. I explore claims inspired by Ken Binmore and Joseph Heath that PAYG pensions in which each generation pays the pensions of the previous generation can be justified as in mutually advantageous Nash equilibrium. I also discuss the relevance to the case for PAYG of Thomas Piketty’s claim that r > g, where “r” is the rate of return on capital and “g” is the rate of growth of the economy.

The COVID-19 pandemic is having an unprecedented impact on societies around the world.

As governments mandate social distancing practices and instruct non-essential businesses to close to slow the spread of the outbreak, there is significant uncertainty about the effect such measures will have on lives and livelihoods. While demand for specific sectors such as healthcare has skyrocketed in recent months, other sectors such as air transportation and tourism have seen demand for their services evaporate. At the same time, many sectors are experiencing issues on the supply-side, as governments curtail the activities of non-essential industries.

Which industries will suffer most from demand-side or supply-side shocks resulting from the pandemic? Which workers are most of risk of unemployment or reduced wage income? Who will be the winners and losers?

Professor Doyne Farmer and Maria del Rio-Chanona will talk about their recent paper which estimated these shocks would threaten around 22% of the US economy’s GDP, jeopardise 24% of jobs and reduce total wage income by 17% – while the potential impacts are a multiple of what was experienced during the global financial crisis, and perhaps comparable to the Great Depression. Aggressive fiscal and monetary policies are needed to minimise the impact of these shocks but the avoidance of endangering public health must be the priority.

This talk is in conjunction with The Smith School of Enterprise and the Environment at the University of Oxford and the Oxford Review of Economic Policy.

To register and watch this talk live and participate in the Q & A: https://www.crowdcast.io/e/supply-and-demand-shocks

To watch later: https://youtu.be/5wtNm6ETuLQ

It is no coincidence that countries with mission-driven governments have fared better in the COVID-19 crisis than those beholden to the cult of efficiency.

Join Mariana Mazzucato, UCL professor and author of The Entrepreneurial State and The Value of Everything, in conversation with Oxford Martin School Director, Sir Charles Godfray, to discuss why states must invest again in dynamic capabilities and capacity – not only to govern more effectively during the pandemic, but to ultimately build back better.

This talk is in partnership with The Smith School of Enterprise and the Environment at the University of Oxford and the Oxford Review of Economic Policy.

To register and watch this talk live: https://www.crowdcast.io/e/professor-mariana-mazzucato

The talk will also be streamed via YouTube https://www.youtube.com/watch?v=QRMlPVgR7x0

How do you build inclusion from the ground up?

People with albinism face discrimination across the globe but are often left out of activist efforts around diversity and inclusion.

In this episode, we speak to representatives of Sesame Street Workshop, who have been championing diversity for years. With a breadth of expertise in the art of embracing diversity, this insightful look into the world of Sesame Street gives us new ways of approaching our goals. Supermodel and activist Diandra Forrest also joins the conversation. Fellow guest speaker Stephan Bognar, Executive Director of New York Dermatology Group Foundation, completes the line-up. They worked together previously on the Colorfull campaign, which was conceived by NYDG to highlight the prejudice that albinism attracts.

Amanda Oates (Executive Director of Workforce, Mersey Care NHS Foundation Trust) and Dr Kristina Brown (Senior Lecturer, Newcastle Business School, Northumbria University) will be speaking on the story of the Just and Learning Culture at Mersey Care NHS Trust.

In recent years, Mersey Care NHS Foundation Trust has undergone a radical shift in workplace culture and organisational procedures. They have gone from a blame culture to a culture where staff feel empowered and supported to learn from incidents. Numbers of disciplinary and suspension cases went down, staff reporting of adverse incidents went up, and there were positive effects on staff retention and levels of sickness absence.

Restorative justice was integral to these changes, termed the ‘Just and Learning Culture’. Amanda Oates and Kristina Brown will reflect on the impact of the restorative just culture at Mersey Care and help us to understand how other organisations can adopt a similar approach.

This event will be held online via Zoom (link TBA). Please contact joy@minthouseoxford.co.uk for more information.

You can register for this this event on Eventbrite: https://www.eventbrite.co.uk/e/restorative-just-culture-the-story-of-mersey-care-nhs-trust-tickets-146564629753