The True Cost of Economics
13th Feb 2014; 13:00Listen to the audio
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Leading management thinker Philip Roscoe argues that economics is not a science, it's a way of thinking - one that, over the course of the 20th century, has come to dominate the decision-making of both individuals and governments.
Every day we make choices - where to live, what to eat, how to educate our children and care for our parents - in which the influence of economics invariably promotes self-interest over social obligations.
But all of today's big problems require collective action, so a way of thinking shaped by economic principles is a huge obstacle to change.
Can we begin to think differently?
Speaker: Dr Philip Roscoe, reader in management, University of St Andrews.
Chair: Oliver Reichardt, director of fellowship, RSA
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