How Has Economic and Political Change Shaped Our World? Helen Thompson
Helen Thompson discusses the overlapping geopolitical, economic and political crises faced by Western democratic societies in the 2020s.
The twenty-first century has brought a powerful tide of geopolitical, economic and democratic shocks. Their fallout has led central banks to create over $25 trillion of new money, brought about a new age of geopolitical competition, destabilised the Middle East, ruptured the European Union and exposed old political fault lines in the United States.
Thompson offers an account of the shocks in recent years, pulling together three strands – the geopolitics of energy, the evolution of the world economy and the changing political landscape in Europe. She explains how in the years of political disorder prior to the pandemic the disruption in each of these became one big story. She shows how much of this turbulence originated in problems generated by fossil-fuel energies, and explains why as the green transition takes place the long-standing predicaments energy invariably shapes will remain in place.
In conversation with Sarah Smith, Professor of Economics at the University of Bristol.
Helen Thompson’s Disorder: Hard Times in the 21st Century is published by Oxford University Press. Order a copy online or buy at the event from Waterstones.
Helen Thompson is Professor of Political Economy at Cambridge University. She is the author of Oil and the Western Economic Crisis (2017); China and the Mortgaging of America (2010); and Might, Right, Prosperity and Consent: Representative Democracy and the International Economy (2008). Since 2015, she has been a regular contributor to the podcast Talking Politics and has written articles for the London Review of Books, the New York Times and the Financial Times.
Sarah Smith is a Professor of Economics at the University of Bristol. Her research interests are in applied micro – specifically consumer behaviour and public economics. She has worked on pensions, saving, retirement and welfare policy and the economics of not-for-profit organisations. She works with a number of charity organisations to understand what motivates individuals to give and how donations respond to different (economic and non-economic) incentives. She is a research associate at the Institute for Fiscal Studies, where she started her career and at CEPR. She has also worked at HM Treasury, the Financial Services Authority and the London School of Economics.
Watch: Talking Politics
David Runciman and Helen Thompson were joined by Adam Tooze in this online event for Bristol Festival of Economics 2020. They discussed the possible impact of a vaccine and what the lasting legacy of 2020 is likely to be on economic and geopolitical realities.
Access for this recording is Pay What You Can with a free option. You will need to register with Crowdcast in order to watch. This is quick and only requires an email address.
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