Economics of Sustainability

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Overview

The world needs a new model of economic growth that enables humanity to prosper within planetary boundaries.  The current model of growth, with its origins in the Industrial Revolution, produced a massive increase in human wealth and well-being during the 19th and 20th centuries.  But in the early 21st century it has become increasingly clear that this model is environmentally unsustainable, insufficiently equitable, and inadequately robust. The goal of INET Oxford's work on sustainability is to develop insights that can help lead us to a new economic model that enables humankind to prosper within the "safe operating space" of our planet's physical and ecological systems.

The programme will address three fundamental questions:

1. Vision: What are the essential features of a new model of economic growth that is environmentally and financially sustainable, and resilient to future shocks?

2. Transition: What government policies and business strategies are required to transition to such a new model of growth?

3. Metrics: What are the most important metrics of wealth and prosperity, along with metrics of the key planetary limits, that we will need to guide such a transition?  

Who's Involved?

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Eric Beinhocker

Executive Director

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J. Doyne Farmer

Director of Complexity Economics

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Cameron Hepburn

Director of Economics of Sustainability

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Lorena Fricke

Visiting Research Fellow

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Robert Hahn

Senior Research Fellow

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Alex Teytelboym

Research Fellow

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Penny Mealy

Doctoral Student

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Charles Savoie

Doctoral Student

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Richard Bailey

Senior Research Fellow

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Alexander Pfeiffer

Research Assistant

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Ernesto Carrella

Postdoctoral Research Officer

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Laurence Warner

Research Assistant

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Laurie Laybourn-Langton

Research Assistant

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Kevin Tang

Research Assistant

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Paul Lehmann

Visiting Fellow

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Karolina Safarzynska

Visiting Fellow

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Johanna Schiele

Research Assistant

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Jiashun Huang

Doctoral Student