Economy 113 posts

Prosperity isn’t just about earning more and having more, it consists in our ability to participate meaningfully in the life of society. A vital element that has gone missing for ordinary people over recent decades. We must question the fundamental structures behind our economies before they will work for everyone.

At the interface | Prof Fergus Lyon presenting CUSP research at #AOM2017
A growing number of businesses is interested in contributing to positive social and environmental change, yet face challenges in how they can assess their impacts meaningfully. This issue will be explored at the 77th Meeting of the Academy of Management in Atlanta, USA, with Fergus Lyon sharing CUSP research.
The role of the Circular Economy in Sustainable Prosperity | Blog by Geraldine Brennan
Sustainable prosperity is underpinned by the principle that value creation and increased quality of life can both be decoupled from resource use – making the circular economy a key aspect. In this blog, CUSP research fellow Geraldine Brennan summarises some of her recent findings.
More value from less food? | Blog by Charles Seaford
Dematerialisation of the economy – more value from each unit of ‘stuff’ – is a well-established trend in developed countries. Can food retailers and their supply chains accelerate this trend, CUSP co-investogator Charles Seaford asks, or will government have to intervene?
Better disclosure, better returns | Blog by Alex White
The recently published climate risk recommendations by the Task Force on Climate-related Financial Disclosures (TCFD) have been met with high-level and cross-sectoral buy in. The UK government should take note, Alex White argues, and ensure to develop national reporting requirements in line with these best practices. 
The social economy and sustainable prosperity | Blog by Ian Vickers
The social economy has many roles to play in tackling poverty, building inclusivity and promoting sustainability. Ian Vickers summarises recent findings that show its potential is not being fully realised in the UK, despite the opportunities provided by the devolution agenda in cities and other local areas.
Learning to Thrive | Innovation Unit event with Tim Jackson, London 28 June
What does it really mean to thrive in today’s world, and what are the key ingredients of a good society that works for everyone? Tim Jackson discussing solutions at evening event co-hosted by Innovation Unit, Webb Memorial Trust and Compass.
Ecological Economics in action | CUSP paper presentations at ESEE 2017 Conference Budapest
CUSP researches Agni Dikaiou, Sarah Hafner, Simon Mair and Craig Rye to give paper presentations at the 2017 Annual Conference of the European Society for Ecological Economics, introducing their CUSP projects to the international ESEE community.
Early stage investing into sustainable green SMEs | CUSP session at SME finance conference, 20 June
CUSP is hosting a green finance session with Fergus Lyon, Robyn Owen and Geraldine Brennan at Middlesex University and ISBE conference on SME Finance, 10 years after the crisis. This session will explore the needs of business and also identify different forms of public support for early stage finance found in the UK and around the world.
Can economies thrive without growth? | Tim Jackson in conversation w Matthew Taylor
When economies stop growing they go into crisis, yet it seems impossible for them to grow forever without causing ecological catastrophe. Tim Jackson joins Matthew Taylor on RSA Radio to talk about the about this big challenge and the impact of Prosperity without Growth – recently updated and expanded in a second edition.
Small Business Social Responsibility: A critical look at the ‘Creating Shared Value’ lens
The concept of 'Creating Shared Value' took the academic and business communities by storm. This approach to social responsibility is an uncomfortable fit for small businesses though, Laura Spence finds, and proposes instead 'the ethic of care' as a more productive way of understanding social responsibility in the small business context.
A competitive economy needs an ambitious low carbon policy | Blog by Nick Molho
The new government will need to have an ambitious and stable low carbon policy at the heart of its project to support the UK’s competitiveness and deliver export opportunities for its businesses, argues Nick Molho, CUSP co-investigator and executive director of the Aldersgate Group.
How to kick the growth addiction | Tim Jackson in conversation with Allen White
Endless economic growth, long the rallying cry of the conventional paradigm, endangers our future. Ecological economist Tim Jackson, CUSP Director and author of Prosperity Without Growth, explores the need to envision a post-growth economy with Allen White, Senior Fellow at the Tellus Institute.
Prosperity without Growth – Foundations for the Economy of Tomorrow | By Tim Jackson
The publication of Prosperity without Growth was a landmark in the sustainability debate. This substantially revised and re-written edition updates its arguments and considerably expands upon them. Tim Jackson demonstrates that building a ‘post-growth’ economy is not Utopia - it's a precise, definable and meaningful task. It’s about taking simple steps towards an economics fit for purpose.
Circular Economy Business Models and Sustainable Prosperity | Seminar with Geraldine Brennan, 26 April
The circular economy concept has risen to prominence over the last decade, with some authors arguing that it could be a new paradigm for sustainability. This seminar will explore the contribution of circular economy business models to sustainable prosperity.
Inclusive and Sustainable Economies Powering the SDGs | Tim Jackson at international PAGE conference, Berlin
CUSP Director Prof Tim Jackson is joining the opening panel of the 2nd international ministerial conference of the Partnership for Action on Green Economy (PAGE), 26 March 2017, Berlin.
Investing in the economy of tomorrow | Blog by Tim Jackson
Savings and investment represent a fundamentally prudential aspect of human behaviour. They embody a commitment to a shared future. In this blog, Tim Jackson looks at what tomorrow’s economy will be like and what role investment plays in it.
National Infrastructure Assessment | Evidence Submission
In October 2016, the National Infrastructure Commission has launched a 15 week call for evidence to provide input into the development of its National Infrastructure Assessment. The Centre for the Understanding of Sustainable Prosperity responded.
Commentary on The Struggle for Meaningful Work | by Simon Mair
For most of us—wherever we are in the world—work is a central component of our lives. Any Great Transition narrative wanting to connect with people has to address issues of work. How do we reorient the economy so that its values reflect our values rather than profit?
Understanding investment for sustainable prosperity — breaking down the silos | Blog by Fergus Lyon
At CUSP we're looking at sustainable finance from various angles. By combining transdisciplinary perspectives, we aim to provide a richer understanding of investment and shed light on issues that have hampered the development of a green economy and more sustainable forms of prosperity.
Integrating Health and Environment | NCSE conference with Tim Jackson
CUSP Director Prof Tim Jackson has been invited to give a keynote presentation at the 17th National Conference and Global Forum on Science, Policy and the Environment in Washington, D.C.. The event is hosted by The National Council for Science and the Environments.
Moral Economies of the Future – The Utopian Impulse of Sustainable Prosperity | Working Paper No 5
The field of ‘moral economy’ explores the ways in which seemingly amoral economic institutions are normatively and politically instituted. However it has tended to neglect the question of how economic actors make commitments to the long-term future, of the sort that are implied by the idea of ‘sustainable prosperity’. Anthropocenic utopias are urgently required.
Prosperity without Growth | Book Launch, 19 Dec 2016
What can prosperity possibly mean in a world of environmental and social limits? With this substantially revised and re-written edition, Tim Jackson expands upon the arguments of the 1st edition and demonstrates that building a ‘post-growth’ economy is a precise, definable and meaningful task.
An economy that works | Blog by Tim Jackson
Prosperity isn’t just about earning more and having more, it consists in our ability to participate meaningfully in the life of society. A vital element, Tim Jackson argues, that has gone missing for ordinary people over recent decades. We must question the fundamental structures behind our economies before they will work for everyone.
Reimagining Building Use | A roundtable for businesses
We live in a world where our buildings are under-utilised, global resource extraction is expected to grow to 82 billion tonnes in 2020, and 300,000 new housing units per year are predicted to be required in the UK. Through this roundtable discussion we will respond to these issues, and work together to challenge our ‘business as usual’ approach to buildings.
On the use of instability indicators in exploring inter-decadal GDP variability | Working Paper No 4
This paper explores the use of instability indicators developed in statistical physics to analyse the stability of the GDP within national longitudinal datasets. From our early results it is suggested that they may provide invaluable insights into the inter-decadal dynamics of the macro-economy, providing potentially useful insights into (e.g.) the nature of the business cycle, secular stagnation and the restoring forces of the economy.
Beyond Consumer Capitalism – Foundations for a Sustainable Prosperity | Working Paper No 2
This paper explores the ramifications of the combined crises now faced by the prevailing growth-based model of economics. In paying a particular attention to the nature of enterprise, the quality of work, the structure of investment and the role of money, the paper develops the conceptual basis for social innovation in each of these areas, and provides empirical examples of such innovations.
Understanding Sustainable Prosperity – Towards a transdisciplinary research agenda | Working Paper No 1
Understanding sustainable prosperity is an essential but complex task. It implies an ongoing multidisciplinary and transdisciplinary research agenda. This working paper sets out the dimensions of this task. In doing so it also establishes the foundations for the research of the ESRC-funded Centre for the Understanding of Sustainable Prosperity (CUSP).
Rethinking the Green Economy | Podium discussion w/ Tim Jackson
Tim Jackson joining discussion panel at "Inside the Green Economy" book launch, Heinrich Böll Stiftung, 19 September 2016
Scaling social impact | 8th Int. Social Innovation Research Conference w/ Fergus Lyon
There is a growing interest in design and innovation for wellbeing and sustainability. This was the focus for the ISIR conference in Glasgow with Fergus Lyon chairing a session that looked at how social enterprises and other organisations can increase their impact.
Measure What Matters | Global Forum
The global forum is convened by HRH The Prince of Wales, and culminates the Measure What Matters initiative, led by the recently partnered Green Economy Coalition. CUSP is contributing to the event with a presentation by Ian Christie on the implications of social capital for policy and decision making.
Keeping consumers and voters happy while dealing with climate change | Blog by Charles Seaford
Meaningful responses to climate change require social change, but can we take the measures needed and still keep voters happy? In this blog, Charles Seaford is introducing some numbers to help exploring the dimensions of a politically feasible sustainability.
Asset owners and a capital market that works | A Roundtable for Businesses
We all want long-term financial performance and the positive sustainability and social outcomes associated with this. However, too often capital markets fail to deliver these. This roundtable will focus on the top of the investment chain: what action can asset owners take?
More profit from less stuff? | A Roundtable for businesses
One of the principal themes of the shift to a sustainable economy, at least in the developed world, is ‘dematerialisation,’ – less added value from physical ‘stuff’ and more from human skills. These two meetings will address what businesses can do to make the most of this.