The subprime crisis and financialization, Eurozone economic stagnation, growing inequality, unemployment, sustainability: the 21st century surely is a challenging one.
As economics students, we feel that our education is limited in addressing these issues and therefore we ask a rethinking of the economic discipline and teaching. In order to achieve this ambitious purpose we are inviting students, professors, economists, and non-economists to join us in an international debate.
This 3-day-summit has two objectives: firstly, analyze how the economic discipline can contribute to better address these global challenges, widening its scope and perspective; secondly, identify the critical knowledge economists need to be equipped with.
It is a fact that neoclassical economics is the dominant school of thought and that it has a specific approach and set of tools used to analyze some economic phenomena; there are nonetheless other phenomena which it doesn’t study, or facts that other schools explain in different ways. This plurality of approaches and schools of thought is indispensable to capture and address the complexity of the current economic reality.
Hence we strongly ask the engagement in a comprehensive debate on the discipline, and that this debate be held at the university, a public area where ideas can develop freely. We want this rethinking to start at the University of Bologna, among all universities, for an important reason. In 1999, 29 European Ministers of Education signed the “Bologna Declaration” in order to harmonize the european education system, through the institution of bachelor’s and master’s degrees and the introduction of credits systems. We want to start from here to propose a different reform.