Harrison introduces model for how government promises can succeed

Berlin, 27.01.2017: Yesterday, during his lecture on ‘The Economics of Civilisation – The Conflict Resolution Paradigm for the Age of Geopolitical Crisis’ at the Dialogue of Civilizations Research Institute (DOC), Fred Harrison introduced a model how governments and the public can generate more money for public expenditure.

“The problem for governments is that planned improvements fail because the structural rules of the system do not allow for change. The system creates conditions which drive people to unemployment, poverty, and crime. Societies need a system that I call ‘ethical economics’, which implies that investing in common goods expands civilisation,” said Fred Harrison during his lecture at the DOC. His theory on land rents – in his view, the only way to collect revenue without distorting the wider economy – as the only alternative to the neoliberal system, was not shared by all attendees and led to a lively discussion.

With topics ranging from economics, global governance, philosophy, and religion, to infrastructure, development, and social inclusion, the DOC offers a platform for diverse voices, discussions, and solution-sharing.

“The Dialogue of Civilizations Research Institute will host a series of lectures relevant to the DOC´s research topics and agenda. These lectures are aimed at current and future political decision-makers and scientists, as well as at students. I feel pleased that we are able to start our lecture series with accomplished economic commentator Fred Harrison, with our next lecture scheduled for 15 February with Director of the Carnegie Moscow Center, Dmitri Trenin,” says Pooran Chandra Pandey, DOC´s CEO.

Before that, on 9 February, the DOC will host its New Year Reception, where Horst Teltschik will give a speech.

Fred Harrison (born 1944) is a British author, economic commentator, and corporate policy advisor, and is Research Director of the London-based Land Research Trust.

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