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Economy How: three days to learn all the secrets

The third edition of the economics festival opens in Rome, in which the Nobel Stiglitz and Carlo Cottarelli participate this year, revealing the many fake news in circulation

Economy How: three days to learn all the secrets

Three days, twenty one appointments. It's the marathon of third edition of the COME Economy festival. The business of growing up, produced by the Musica per Roma Foundation, the Rome Chamber of Commerce and promoted by Poste Italiane with the editorial consultancy of Laterza Agorà. The organizers have also collaborated this year with the Lazio Region, Unioncamere Lazio and the Luiss Guido Carli University of Rome.  

The event which will host internationally renowned economists, entrepreneurs, scholars, sociologists, journalists and politicians and which in past editions reached an audience of over 15 people will begin on Friday 8 November and end on Sunday 10. “The goal of this innovative Festival is of involve not only professionals, but above all the general public on current economic issues. We will discuss inequalities, economic sustainability, globalization and the impact of technological innovation on the labor market. Organizing the event in Rome bears witness to the centrality of the city in determining the economic policy of our country. We hope to be able to replicate and even surpass the extraordinary success of the first two editions”, commented the president of the Fondazione Musica per Roma, Aurelio Regina.

This year's speakers include one of the best-known economists and Nobel Prize winner in 2001 Joseph E. Stiglitz, who will speak during the first day of the festival. One of the most critical voices of globalization and liberalism in his latest book "People, Power and Profits" explains that “Capitalism is not dead, but it needs a new social contract”. To do this, it is necessary to revise the rules in order to define a "progressive capitalism". “If we don't fix capitalism as soon as possible, we risk ending up overwhelmed by the force of the inequalities that that system without controls is imposing on us. A better balance between the state and the market needs to be defined. If you leave a market without rules, if the neoliberalism that has reigned over the past forty years prevails, then everything we've seen in the United States over the last decade will happen: banks taking excessive risks, companies taking advantage of their customers and of savers, financial crises, car manufacturers that try to cheat on the polluting emissions of their cars, food giants that induce children to eat products that could make them diabetic”, reads an interview given to Repubblica.  

Then again, Saskia Sassen, professor at Columbia University and at the London School of Economics, who will talk about global cities e Branko Milanovic who will guide the audience to discover the factors that have thrown the balance of social justice into crisis. With Daniel Susskind we will talk about the "Future of work in the age of robots" e Carlo Cottarelli will present his book “Pachyderms and parrots. All the hoaxes about the economy that we continue to believe”.

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