Victoria University Of Wellington - Podcast

Growing our economic capital: Investing in sustainable improvement in our wellbeing

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Synopsis

Treasury Secretary and Chief Executive Gabriel Makhlouf discusses how the focus of public policy should be on governing and investing (on behalf of people today and into the future) towards enhancing resilience to systemic risks, sustaining social cohesion, increasing the growth potential of the economy, improving equity across society and generations, and ensuring sustainability of wellbeing as people go about their daily business of living and improving their lives. He argues that growing our economic capital and investing in sustainable improvements in our wellbeing requires a multi-disciplinary approach to solving economic and social problems. Increasingly economists are recognising that they can't just rely on simple models, and need to push into the field of the human science that economics actually is.