rsa-citizen-participation-and-the-economy

The Queen merely captured the public mood in the UK when, in the wake
of the economic crisis in 2008, she asked a roomful of economists, “why
did nobody see it coming?”2 The financial crash has increased calls
for a fundamental rethink in the way we teach and ‘do economics’, run
economies and manage the financial sector. This has led to new rules
governing banks and increased scrutiny of some prevailing unchallenged
economic orthodoxies. In addition, longer-term profound social,
technological and economic shifts – increasing levels of migration,
environmental degradation, the effects of globalisation and the impacts
of automation – have added pressure for change.