Why do distinct regions within nations experience unequal levels of political and economic development? How do social cleavages and resource conflict influence such inequality? How do distributions of power and political settlements shape regional and national constraints, obstacles, and opportunities for development?

We analyse the complex dynamic feedback effects between three life domains – work, health, and family – and the associated implications for inequality of income measured over alternative time periods. Using a rich dynamic microsimulation model of individual life course trajectories parameterised to the UK context, we provide a quantification of the feedback effects, and analyse their impact on income and inequalities over different time horizons.

Authors: Patryk Bronka, Matteo Richiardi and Justin van de Ven

This chapter discusses the regulation of artificial intelligence (AI) from the vantage point of political economy. By “political economy” I mean a perspective which emphasizes that there are different people and actors in society who have divergent interests and unequal access to resources and power. By “artificial intelligence” I mean the construction of autonomous systems that maximize some notion of reward. The construction of such systems typically draws on the tools of machine learning and optimization.

Simon Johnson, bestselling co-author of 13 Bankers, will be discussing his latest book at our special event. Together with coauthor Daron Acemoglu, they deliver a bold reinterpretation of economics and history that will fundamentally change how you see the world.

A thousand years of history and contemporary evidence make one thing clear. Progress depends on the choices we make about technology. New ways of organizing production and communication can either serve the narrow interests of an elite or become the foundation for widespread prosperity.

Does the current international Intellectual Property Rights (IPR) system inhibit or promote climate technology transfer and innovation in developing countries? This study summarises insights from a systematic review of the theoretical and empirical literature and 20 semi-structured interviews with key innovation experts (entrepreneurs, IP officials, and policy makers) in four developing countries (Bangladesh, Kenya, India, and South Africa).

Mark Paul will discuss his new book with Eric Beinhocker. The event is in-person and will take place in the Tun Razak Lecture Theatre at the Blavatnik School of Government. We will also stream the event via Zoom. Please register to receive the link.

BOOK DETAILS:

An urgent and galvanizing argument for an Economic Bill of Rights—and its potential to confer true freedom on all Americans.

Simon Sharpe presents his new book 'Five Times Faster: Rethinking the Science, Economics, and Diplomacy of Climate Change', in conversation with Professor Eric Beinhocker, Dr Nicola Ranger, and Professor Cameron Hepburn.

Christopher Morris runs a fortnightly discussion group. Please be aware that group attendance may be limited. It is required to contact Christopher (Christopher.Morris@politics.ox.ac.uk) in advance for availability. Meetings will run both in person and online.

In person location: Boyd Room, Hertford College
Online: Microsoft Teams