Who We Are
The Cambridge Trust for New Thinking in Economics (CTNTE) is a Charity established to advance education in the field of economics for the benefit of the public.
We think that the following principles are fundamental in developing the kind of economics that can make a difference for public policy:
That economic behaviour is primarily social rather than individual.
That economic behaviour is influenced by aesthetic and ethical values as well as economic values.
That the pursuit of self-interest in economic behaviour can impact adversely on both society and the environment.
“Economics as if people and the planet matter”
We Aim To
Connect those working at the coalface of public policy with economics that responds to policy needs and public concerns
Encourage cross-disciplinary discussion of policy issues and make useful economics accessible to those who come from other fields
Stimulate new thinking in economics within and outside of academia
OUR EVENTS
Take a look at our most recent and upcoming events
RECENT EVENTS
Dr Annela Anger-Kraavi, Eva Alexandri, Thomas Nowak, Prof Mark Jolly, Mike Clark, Prof Terry Barker, Harriet Hunnable, Anna Vasylyeva
Our Objectives
It is vital that two social problems be solved. The first is the obvious degradation of the planet and its atmosphere by over-consumption and over-production through the exploitation of resources in pursuit of monetary gain. The second problem is the toxic pollution of the global money supply, also obvious, caused by financial practices over the past twenty years, led by the investment banks of Wall Street and the City of London.
The problems are related:
- Both arise out of the pursuit of self interest, sanctified by the crude economic utilitarianism that underlies equilibrium economics;
- Both are non-linear catastrophic events, although on different time scales; and,
- Both can arguably be described, in different ways, as the greatest market failures in human history.
The CTNTE has been founded to promote new thinking in economics that does not rely on equilibrium and instead recognises the inherent uncertainties in the understanding of behaviour and accepts that nearly all economic activity is social in nature, not individual; that human beings are social animals; and that successful economies are based on trust and integrity.
