A Theory of Change Approach for Measuring Economic Welfare Beyond GDP | Working Paper No 10
It is widely acknowledged that GDP is not a suitable measure of economic welfare. In this paper, Simon Mair, Christine Corlet Walker and Angela Druckman propose a novel framework for indicator development: the ‘Theory of Change’ approach — a causal model approach in which the relationships between system inputs, activities, outputs and outcomes of the economy are explicitly articulated, and can be used to identify theoretically sound indicators for economic welfare.
Everyday Culture and the Good Life | Working Paper No 9
The purpose of this paper is to prepare the ground for a strand of work in CUSP which aims to look at the role of culture in everyday life, and in doing so to understand how it might operate as an element of sustainable prosperity. The paper considers the basis on which we might start to think about new legitimations for cultural policy and a fuller understanding of its potential for living well with less.
Sustainable Prosperity and Democracy—A Research Agenda | Working Paper No 8
As environmental crises become ever more severe, calls for authoritarian solutions are reappearing: Democracy, so the argument goes, has proven to be too slow to respond to urgent threats. In this paper, Marit Hammond and Graham Smith respond to this charge by revisiting the role of democracy within a transition to sustainable prosperity.
Moments of Change—Opportunities for moving to more sustainable consumption? | Working Paper No 7
The idea that lifecourse transitions might offer ‘moments of change’ in which to encourage more sustainable consumption is popular, yet insights from the sociological literature on lifecourse transitions have rarely been brought to bear on this assumption. This paper focuses on two distinct lifecourse transitions - becoming a mother and retirement – and through qualitative longitudinal research evaluates the assumption that such periods provide opportunities for movement to more sustainable consumption.
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.