Keyu Jin for Age of Economics - Full interview

Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 14)

0:00 - Prologue
01:47 - Intro
02:05 - 1. Why does economics matter?
03:21 - 2. What are the differences between economic science and economic engineering?
06:21 - 3. What role does economics play in society? Does it serve the common good?
10:38 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.?
14:57 - 5. As we live in an age of economics and economists – in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people – should economists be held accountable for their advice?
17:07 - 6. Does economics explain Capitalism? How would you define Capitalism?
23:10 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form?
27:19 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one?

About Keyu Jin
Chinese. Economist, Associate Professor at the London School of Economics and a World Economic Forum Young Global Leader

Her research focuses on global trade imbalances, global asset prices and China’s economic growth model. Jin was born in Beijing, China. At the age of 14, Jin moved to New York to attend high school and later to Cambridge, Massachusetts to attend Harvard University, where she received her B.A., M.A. and Ph.D. Jin was also a Visiting Professor at Yale University on the Cowles Fellowship from September to December 2012 as well as at UC Berkeley from January to May 2015. Jin has advised and consulted for the World Bank, the International Monetary Fund, and the Federal Reserve Bank of New York. She also has had experience at various financial institutions including Goldman Sachs, JP Morgan and Morgan Stanley. She is a columnist for Project Syndicate and Caixin Magazine, and has contributed opinion pieces to media outlets like the Financial Times and the South China Morning Post.

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Interview by Fabio Dondero

Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero