ICO Radio

Professor Ronald MacDonald is a Research Professor in Macroeconomics and International Finance in the Adam Smith Business School at the University of Glasgow. His previous positions at the University were Bonar Macfie Chair of Economics (2005-2006), and the Adam Smith Chair of Political Economy (2006-2015). He has consistently ranked in the top 1% of the IDEAS/RePec ranking of economists, and was awarded an OBE in 2015 for services to Economic Policy. We discuss his report: 'The Post Pandemic New Normal' and it's follow-up calling for a rethink about the UK economy post-covid and discuss his insights and prescription for the #CovidSpring that show some marked similarities to some of the conclusions of humane economics. Including the need to “move away from the shareholder capitalism model” based on “short-termism and value extraction” to a “stakeholder model based on value creation” and discover that while there are string signs that some business leaders are moving in this direction that this is not being re