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More than three billion people in the developing world live outside the formal economy and face unmet needs in areas such as health, education, energy, food and financial services. Meanwhile in the developed world, consumers are becoming both value- and values- conscious. The Jawaharlal Nehru Professor of Business and Enterprise at the Judge Business School addresses how frugal innovation – the creation of faster, better and cheaper solutions that employ minimal resources – can help solve some of the big problems of poverty, climate change and inequality that stalk the planet.
An interactive exploration of how the finance industry delivers slim pickings and creates fat cats with financial expert Pitt-Watson and his willing stooge, comedian Brigstocke. The finance industry is often viewed with suspicion: complicated, greedy, and institutionally corrupt. But its origins were often inspired by social reformers because its purposes are so fundamental to individual and communal prosperity. They will discuss the expensive (but useless) things the finance industry does, and some of the (useful and) practical things it should do, but doesn’t. Reform is difficult, because the flaws in the industry are hard-wired into the way we think about economics, but they'll have it licked within the hour.
Can art and business coexist, or does a drive for profit lead to the end of creative integrity? From art to literature, fashion to ceramics, four creative pioneers discuss the tensions between art and the corporate world with former Minister for Culture, Ed Vaizey, jewellery designer Theo Fennell, economist Linda Yueh, Jo Jo Maman Bebe founder Laura Tenison and curator at The Wedgwood Museum Gaye Blake-Roberts.
In troubling times, it’s tempting to retreat to our comfort zones, to be with people just like us. But what if actively seeking the unfamiliar was proven to be the key to a brighter future – both personally and for society at large? In this fierce, empowering call to arms, Sarpong uncovers how a new approach to how we work, learn and live can help us reach our maximum potential, lessen the pressure on the State and solve some of the most stubborn challenges we face.
GDP is up – but whose GDP? (And what is it anyway?) There’s endless free stuff online but is it making anyone any happier? Are the cat videos on the internet distracting us from the prospect of jobs becoming automated and climate change ravaging food supplies? Behind this lies the challenge of how to measure economic progress. How can we tell if our society is becoming more prosperous or not? Coyle is Bennett Professor of Public Policy.
Tambini’s book Digital Dominance: The Power of Google, Amazon, Facebook and Apple shows how these corporations have accumulated power in ways that existing regulatory and intellectual frameworks struggle to comprehend. A consensus is emerging that the power of these new digital monopolies is unprecedented, and that it has important implications for journalism, politics and society. Bartlett’s The People vs. Tech: How the Internet Is Killing Democracy (And How We Save It) asks what does that mean for democracy, our delicately balanced system of government that was created long before big data, total information and artificial intelligence? The author of The Dark Net and Radicals argues that through our unquestioning embrace of big tech, the building blocks of democracy are slowly being removed. The middle class is being eroded, sovereign authority and civil society are weakened, and we citizens are losing our critical faculties, maybe even our free will. Chaired by Matt Stadlen of LBC.
Who really creates wealth in our world? And how do we decide the value of what they do? In her penetrating and passionate new book, the UCL Professor of Economics proposes that if we are to reform capitalism – radically to transform an increasingly sick system rather than continue feeding it – we urgently need to rethink where wealth comes from. Which activities create it, which extract it, which destroy it?
From a shopping trip in suburban Texas, via China’s central bank, Nigerian railroads, the oilfields of Iraq and beyond, the economist and broadcaster follows the incredible journey of a single dollar to reveal the truths behind what we see on the news every day, and to see how the global economy really works. Why would a nation build a bridge on the other side of the planet? Why is China the world’s biggest manufacturer – and the USA its biggest customer? Is free trade really a good thing?
At a time when so many aspects of our lives are changing at a relentless speed and on an unprecedented scale, design is increasingly seen as a way to help us benefit from the opportunities created by those changes (and to avoid their dangers). One of the world's leading design and culture commentators maps with resourcefulness and creativity how design is responding to an age of intense economic, political and ecological instability. Public interest is soaring as a new generation of designers is using advanced technologies to pursue their political and environmental objectives in increasingly ambitious projects, as well as to reinvent the objects and spaces we use every day.
Journalist and author Oliver Bullough brings his popular Kleptoscope series to Hay to discuss why and how so much money is stolen from the world’s poorest countries, and what we can do about it. Nigerian novelist Onuzu talks about how she put corruption at the heart of her brilliant second novel Welcome to Lagos; former US intelligence agent and foreign affairs expert Matthew T. Page is the author of Nigeria: What Everyone Needs to Know – a guide to the oil-rich African state, plagued by corruption and Boko Haram, home to many of the world’s greatest writers.
The award-winning blogger/social media editor/podcast creator teaches that it doesn’t matter if you're a part-time PA with a blog, or a nurse who runs an online store in the evenings – whatever your ratio, whatever your mixture, we can all channel our own entrepreneurial spirit to live more fulfilled and financially healthy lives. The internet and our phones mean we can work wherever, whenever, and allows us to design our own working lives. Forget the outdated stigma of being a jack of all trades, because having many strings to your bow is essential to get ahead in the modern working world. We all have the skills necessary to work less and create more, and here’s the source of inspiration you need to help you navigate your way towards your own definition of success.
Climate change and poaching are not the only culprits behind so many animals facing extinction. The campaigning CEO of Compassion in World Farming argues that the impact of consumer demand for cheap meat is equally devastating and it is vital that we confront this problem if we are to stand a chance of reducing its effect on the world around us. He talks to Matt Stadlen.
The British government’s own analysis of the economic impact of Brexit forecasts a fall in gross domestic product of 9% for Wales. The role of non-resident Welsh people (the Welsh Diaspora) and their soft power, in bringing new wealth and prosperity to Wales, is of huge importance and could be transformational. With global engagement changing the fortunes of nations and exerting huge influence over many aspects of public life and economic development, it’s time Wales got serious about diaspora. Mark Neale, CEO and founder of Mountain Warehouse, Kingsley Atkins, the founder and CEO of Ireland’s Diaspora Matters, and Rachel Minto, an EU expert based at Cardiff University, talk to Guto Harri.
The Wellbeing of Future Generations Act 2015 came into full force in April 2016. It puts a legal responsibility on the Welsh public sector, including Welsh Government, to consider sustainability in all of its actions. The potential for this to change the private sector, too, is huge, but how much progress has been made? What are the implications of Brexit for the Act and Wales: huge opportunity or damage limitation? Jane Davidson was the original architect of this Act and Sophie Howe is the Commissioner responsible for delivery.
The Growth Delusion: The Wealth and Wellbeing of Nations
Pilling explores how economists and their cult of growth have hijacked our policy-making and infiltrated our thinking about what makes societies work. Our policies are geared relentlessly towards increasing our standard measure of growth, Gross Domestic Product (GDP). By this yardstick we have never been wealthier or happier. So why doesn't it feel that way? Why are we living in such fractured times, with global populism on the rise and wealth inequality as stark as ever?