The IPPR Economics Prize
The IPPR Commission on Economic Justice, which reported in 2018 with Prosperity and Justice: A Plan for the New Economy, put forward 73 bold recommendations to fundamentally reform the UK economy to achieve ‘escape velocity’ from a model that isn’t working to one that does. But one commission – even if it draws from many corners of the economy – cannot have all the answers, and continued radical thinking is required. We also know from IPPR polling that the public are extremely sceptical about the capacity of leading politicians to come up with new ideas to boost the economy. In October 2018, we launched the inaugural IPPR Economics Prize to encourage new and creative thinking in economics and continue the conversation.
Chaired by Bloomberg Senior Executive Editor Stephanie Flanders, our expert panel of judges comprised of John Eatwell, President of Queen’s College Cambridge; John Mills, entrepreneur, economist and politician; and Helena Morrissey DBE, Campaigner and Head of Personal Investing at Legal & General Investment Management.
Entrants were asked to respond to the question: “What would be your radical plan to force a step change in the quality and quantity of the UK’s economic growth?” Following shortlisting, and a further submission of up to 20,000 words, the winners were announced at a prize-giving event on 10 July 2019.
Joint first prize
The judges made the decision to split the main prize between two excellent entries.
Decentralising Britain - Romain Esteve, Martin Kábrt, Agata Makowska, Dano Meiske, Nick Robin, Farooq Sabri and Rhys Williams
Watch the co-workers and joint winners explain their plan for decentralisation:
Incentivising an ethical economics - Simon Szreter, Hilary Cooper and Ben Szreter
Watch here to learn how the Szreter family's plan to incentivise an ethical economics won them joint first prize:
Under 25 winner
Automation and working time - Bertie Wnek
Watch masters student Bertie explain his creative and forward-looking entry:
A rebalancing programme for Britain - Richard Plackett and Dr George Cooper
Watch the runners up: