The Foundational Economy is a collective of (mainly) European academic researchers working together to develop a new way of thinking which challenges mainstream ideas about what economic policy should be. Our focus is on the foundational economy – including health, care, education, housing, utilities and food supply- because these basic goods and services are a driver of welfare and the basis of citizenship.
Our members come from several countries, a variety of disciplinary backgrounds and have different political affiliations. As a group, we are developing a distinctive practice represented by our multi authored books and articles and our diverse outputs including public interest reports. We are collectively minded, work together continuously and aim to lever social innovation that changes what is politically possible.
News and Events
Our new working paper Cohesion through housing? argues against regional policy which aims to improve competitivity and create high wage jobs which would “level up” the UK’s “left behind places”. Per capita output measures of GVA and GDP are the standard metrics used in regional comparison. But, household income is more relevant to living standards […]
Understanding how ordinary places works is important because it can open up new possibilities of making citizen lives more worth living. Our new research report How an ordinary place works: understanding Morriston takes up this challenge by focusing on a district town with 30,000 population some 3 miles north of the centre of Swansea. The […]
Our new working paper Foundational liveability: rethinking territorial inequalities is a response to political demands in Wales and requests from academic colleagues: “If the main steam has per capita GVA and GDP, where are our simple, intelligible foundational measures” Hence this paper about household residual income and foundational liveability. This incidentally undermines the idea of a successful […]
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