By Katherine Trebeck, WEAll Knowledge and Policy lead
Ideas can change the world. And misplaced ones can hold back progress. Myths and half truths about economics influence decision making across government and in business, and there are fundamental flaws in how economics is invariably taught.
To build an alternative and underpin the transition to a wellbeing economy, we need a strong and coherent knowledge and evidence base. Much is already known about what policies and ways of doing things need to change to change the world. But the theoretical base is disparate and would-be practitioners lack useful guidelines for implementation. The knowledge is scattered and often inaccessible.
So, what’s WEAll doing?
WEAll – via the Knowledge and Policy cluster – is helping bring together and promote wellbeing economy theory and practice.
We’ve been producing a diverse suite of knowledge products accessible to all sorts of practitioners, policy makers, and interested individuals.
We’ve gathered some of the most exciting and well-regarded thinkers on aspects of a wellbeing economy in a WEAll Research Fellows Network. Their work explores all corners of a wellbeing economy. They will contribute to the various publications WEAll is curating. Their expertise will be drawn on to help practitioners and politicians seeking to create a wellbeing economy.
We’re developing plans for an online interactive library. Interested people will be able to find their way to the most useful material for their interests, needs, and level of awareness.
We’re commissioning synthesis of the current state of the knowledge base in various areas of a wellbeing economy in our series ‘WEAll Ideas: Little Summaries of Big Issues’.
We’ve outlined how the wellbeing economy would deal with and respond to a range of issues, topics and challenges (and how this differs to the response of the current system). This provides an ‘at a glance’ insight into a wellbeing economy (see wellbeingeconomy.org/oldwaynewway).
We’ve published dozens of blogs, authored papers and articles for a range of outlets and even some books. We’ve also given media interviews; recorded many podcasts; and given presentations in many different countries to a range of audiences. You can see these featured in the WEAll news updates.
We’ve been active in policy influencing – speaking at All Party Parliamentary Groups and holding meetings with civil servants and members of parliament.
Leadership built on ideas
And of course WEAll instigated the Wellbeing Economy Governments partnership that was the ‘big idea’ at the centre of Nicola Sturgeon, the First Minister of Scotland’s 2019 TED talk. We have ongoing liaison with the civil servants leading this work and are supporting the engagement of additional members.
Without the ideas, energy, guidance, expertise of our members, this work would be slow going. Instead it has momentum and ambitious plans.
With your help, we can build on our strong start and sustain this work to build solid roots for the wellbeing economy movement.
Right now, WEAll is running our #WEAllGive fundraising drive so we can keep broadening the movement and developing the knowledge required to drive change.