Tag Archives: ethics

Change Everything

12 May

Swindon Festival of Literature director Matt Holland gave a fist pump as last night’s author concluded at Swindon Arts Centre.

A full house, a double event (for the first time), attended by Swindon’s ‘movers and shakers’, cheering. Was this a celebrity? A high-profile fiction writer? Not this time. This was an author talking about the economy.

A festival fan had suggested the event and the festival took a risk that paid off.

The speaker, Christian Felber ‘flown in from Austria by way of Portugal’, is not an economist, he tells us. In fact he’s rather cross with modern economics (as cross as such a kind, smiley man such as Christian could be). Modern economics – and there is no other kind, it’s a very new discipline – is heartless.  He tells a joke – a student worries to a university professor that he cannot decide the course to study. The professor says to follow his heart. The student thinks then says, ‘business ethics’. The lecturer says, ‘then you will have to make a choice’. Economics only cares about itself and how much money is made – ethics is seen to have no relevance to it. It mixes up means and goals and forgets money is a means to an end, not the end. Continue reading