In this exclusive interview series, we speak to Nobel Prize Winning Economist, Edmund Phelps (Director of the Columbia University Center on Capitalism & Society and the McVickar Professor of Political Economy at Columbia University), Professor Lawrence ‘Larry’ H. Summers (Charles W. Eliot University Professor and President Emeritus at Harvard University. He served as the 71st Secretary of the Treasury for President Clinton and the Director of the National Economic Council for President Obama) and Professor Sir Paul Collier (Professor of Economics and Public Policy at the Blavatnik School, Oxford & director of the International Growth Centre). We look at the story of modern capitalism, the benefits it has brought, and the challenges it has created. We explore the ‘post crisis’ economy, the role of government in society, the relationship between capitalism and conflict, inequality and look at what needs to be done to ‘fix’ our global economy, and the science of economics itself.
Capitalism – What Comes Next?