Professor Gwilym Pryce headshot

CHASM Annual Lecture 2025: Towards a New Economics of Care

Professor Pryce explores why care is economics’ blind spot and how a New Economics of Care could shape thinking on financial security, wellbeing, and inclusion
Professor Gwilym Pryce headshot

Where: Room 103 University House, Birmingham Business School B15 2TY
Zoom: Register here for further information 

Towards a New Economics of Care

In this lecture, Professor Pryce will explore the striking and persistent absence of economic research on care. Despite its far-reaching national and global implications for labour supply, assets, savings, gender inequality, productivity, and human wellbeing, the economics of care remains a neglected area both in the UK and internationally.

Yet this pervasive blind spot brings an opportunity to design a blueprint for what a New Economics of Care (NEC) could be. Professor Pryce will outline a vision for an economics that is relational, causal, transitional, spatial, and attuned to social justice, then consider how this multidimensional approach could serve as a framework for researching the impacts of care on household finances, financial security, wellbeing, and inclusion.

About Professor Gwilym Pryce

Gwilym Pryce is Professor of Economics at the University of Sheffield and a co-investigator at the ESRC Centre for Care, where his research focuses on the impact of unpaid care on household finances, gender inequalities, and the wider economy. His work spans housing and urban economics, exploring how housing markets, segregation, and suburbanisation shape inequality. He previously directed the ESRC/Nordforsk Life at the Frontier project on residential segregation and has led several major interdisciplinary research centres, including the Sheffield Methods Institute and the ESRC Centre for Doctoral Training in Data Analytics and Society. Gwilym has also advised government departments and international bodies on issues of inequality, housing, and social policy.