Economics - Arts dialogues

“Art is the highest form of hope”, as the renowned visual artist Gerhard Richter stated. Hope or the desire for stability and better prospects is also fundamental to how economies and societies evolve over time. It feeds into our consumption and production patterns, and is also a driver of investments in productive, innovative, low-carbon entrepreneurial activities and in various other forms of climate action.

ICENS lab embraces both reasoning and sentiment, both rationality and emotional intelligence. To achieve this, we propose to bring more to the foreground the much neglected and undervalued role of arts. The latter is taken to mean all cultural production, be it literature, visual art, music, philosophy, film, storytelling, or other creative practices and artistic forms of expression that have the capacity to  connect people with each other’s lived experiences.  Arts has the potential, not only to convey the complexity of science and disseminate research findings more empathetically, but also to foster innovation, stimulate imagination, stir emotions, and instil change.

See also our brief magazine articles authored by ICENS lab’s founder on links between arts, economics, and development, published in BIZART_ZA; Business & Arts South Africa, Johannesburg: Shaping climate solutions through architecture and arts (p. 10-12) and What’s Art Got To Do With It? Art, Democracy & Development (p 9-12)

Upcoming projects

ICENS lab is working with LEAP lab to put together a half-day workshop in Cambridge, UK, in June 2025, on “Experiments in Uncertainty and Un/knowing: Economics - Visual Arts Perspectives on Climate Change Mitigation”. It will bring together the realm of economics research with that of the arts, two worlds that often operate separately. The workshop proposes to unpack, question, reimagine, and befriend the thorny concept of uncertainty, with a focus on our collective efforts to reduce anthropogenic greenhouse gas emissions. How do we show or convey what we do not know? How do we embrace uncertainty, rather than ignore or try to tame it? LEAP lab is a trans-disciplinary initiative involving a collective of researchers and practitioners at the University of Cambridge and Anglia Ruskin University. More information to follow.  

Economics and arts, business