A new Stone Centre at University College London

A $7 million donation from the James M. and Cathleen D. Stone Foundation establishes the James M. and Cathleen D. Stone Centre on Wealth Concentration, Inequality, and the Economy, at the UCL Department of Economics.

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The Stone Foundation promotes a more knowledgeable and inclusive society, with a special emphasis on the mitigation of wealth inequality. It has carried out this mission by establishing a network of Stone Centres, each specialised in the research on a specific facet of wealth inequality. The Stone Centre at UCL is the seventh in this network to be established, and the second outside of Europe, after the one at INSEAD.

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The mission of the Stone Centre at UCL is to advance research and teaching to provide a clear understanding of the causes of wealth inequality, and its economic and political consequences.

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‍The uniqueness of the Centre is to make education and research equal partners in the venture. It pairs up CORE Econ, which is changing economics education globally to a focus on the most important problems faced by our societies, with the research powerhouse of the UCL Department of Economics. It will provide a global hub for research and learning that will make wealth concentration and its impacts on innovation and sustainability central to an economics education.

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The Centre will commence its preparatory activities during Autumn and Winter 2021 and will launch in Spring 2022.

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• The original press release announcing the launch of the Stone Centre at UCL was made on 29 September 2021 and can be found on the website of the UCL Department of Economics
• For all enquiries, please email the Stone Centre at UCL at contact@stone-econ.org