System Dynamics 60 posts

Achieving a sustainable prosperity requires compelling social narratives and robust economic models to deliver them. We collate and synthesise promising narratives of the good life and models of enterprise and investment from across the CUSP portfolio. Our research explores the economic, social and environmental implications of these models and narratives. Using a suite of system dynamic models developed by the team, we examine the macroeconomics of a ‘post-growth’ economy and test its resilience with respect to employment, social equity and financial stability. We also examine the role of good work in delivering sustainable prosperity. For further details, please see our theme page.

Other themes: Philosophy | Arts | Politics | Society | Economy | Finance
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.
Thriving beyond Surviving | Seminar with Maja Göpel and Katherine Trebeck, 15 May 2017
Sustainable development is the 21st Century’s wicked problem. The design of our economies and the principles of our economics have taken us to an extreme, unsustainable and unjust point. It’s widely recognised that system change is badly needed. But what does such large scale transformation actually mean? And how do we put it into practice?
Seriously Modelling what Matters | UKSD 2017 Annual Conference with Aled Jones
This is the 60th anniversary of the founding of System Dynamics by Jay Forrester, who died in November 2016, leaving behind a unique and precious legacy. This conference in his honour covers contemporary examples of the classic themes he first developed.
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.
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.
Indicators for sustainable prosperity? Challenges and potentials for indicator use in political processes | Working Paper No 3
The use of quantified indicators for the implementation and measurement of social progress is a well-established policy tool. However, any form of ‘social progress’ is inherently contested and a meaningful application of indicators in such contexts poses numerous challenges. In this paper we explore how indicators might be used to research and implement sustainable prosperity.
Spending time in a low carbon society | RSC event w/ Angela Druckman
Prof Angela Druckman to give a presentation on the embeddedness of carbon in UK lifestyles, at the The Royal Society of Chemistry, 13 October 2016, 6-8pm
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).
Measuring Prosperity? | Blog by Simon Mair
Barclay’s prosperity map has a very limited view of prosperity, focused almost entirely on financial wealth. Yet media reports have been entirely uncritical. We argue that this shows the power and dangers of measuring prosperity.
Global Resource Observatory: the road to Dr Apocalypse | Seminar w/ Aled Jones
Co-investigator Dr Aled Jones to give an introduction into his work with the Global Resource Observatory (GRO), exploring new techniques for the evaluation of systemic and cascading risks generated by shocks to the food-water-energy nexus.
Nexus Thinking | Annual RGS conference w/ Tim Jackson
The debate on limits to growth is now more than four decades old. But recent experience offers new insights into the challenge. As part of the Annual RGS conference, Tim Jackson's talk starts from a critical examination of the conventional vision and explores the possibilities for moving beyond it.
Is the Party Over for Economic Growth? | Panel debate w/ Tim Jackson
Intelligence Squared was hosting a discussion with Prof Tim Jackson on the future of the global economy. Other panelists include Stephanie Flanders and Deirdre McCloskey. The evening was moderated by Kamal Ahmed.
Growth – the good, the bad, and the ugly | St Gallen Symposium w/ Tim Jackson
CUSP Director Prof Tim Jackson gives opening keynote and in-depth workshop at the 46th St. Gallen Symposium, a high-profile annual conference designed to "capture and condense the most relevant debates currently shaping the world around us and making them center-stage."
Analysing dreams; abandoning nightmares | Blog by Angela Druckman
In this blog Angela Druckman explains how CUSP is collating visions of the future, and exploring which types of economic systems may make the achievement of sustainable prosperity more plausible.
Limits Revisited | Blog by Tim Jackson
To coincide with the launch of a new All Party Parliamentary Group on Limits to Growth, Tim Jackson discusses the continuing relevance of the Club of Rome’s groundbreaking report in today’s context and introduces Limits Revisited, a new review of the debate, co-written with environmental writer Robin Webster.
Towards a Stock-Flow Consistent Ecological Macroeconomics | Paper by Tim Jackson, Peter Victor and Ali Asjad Naqvi
Taken together, the suite of system dynamics models developed by Tim Jackson et al represent the first steps in constructing a new macro-economic synthesis capable of exploring the economic and financial dimensions of an economy confronting resource or environmental constraints.
Limits to Growth or Opportunities for Prosperity? | APPG launch
We are pleased to announce the launch of the new APPG on Limits to Growth, for which CUSP will be providing the secretariat. The inaugural event will take place at the House of Commons, on 19 April 2016.
Spending time in a low carbon society: Less stuff, more fun? | Seminar w/ Angela Druckman
Can we have more fun, while using less ‘stuff’? In this talk Co-Investigator Angela Druckman will consider what makes us happy, how we currently use our time, and the environmental impacts of our different activities.
Sustainability and HM Treasury inquiry | Evidence submission
The Environmental Audit Committee has invited written evidence on the role of HM Treasury in relation to sustainable development and environmental protection, CUSP submitted a response.
Growth in Transition Conference 2016 | w/ Tim Jackson
This year's Growth in Transition Conference focuses on three key subject areas: Constraints, Transformation and Development. Tim Jackson will give a keynote lecture on Flourishing within Limits - The Foundations for a Sustainable Prosperity.