At the Festival of Economics, questions of meaning to read the future
The Festival of Economics opens with a message from the Pope and asks the fundamental questions to understand the future
7' min read
7' min read
The opening ceremony of the 19th edition of the Festival of Economics starts with an unexpected message, read by the editor-in-chief of Sole 24 Ore Fabio Tamburini to the audience. It is a message from the Holy Father: "During the festival you will be asked to reflect on themes that are particularly dear to me. Important reflections for those who care about the future of humanity," writes Pope Francis, who cites the current "threats to peaceful coexistence", and the "dilemmas of epochal scope" of our time. "Never as today does man yearn for the primary good of peace," he continues. The Pontiff goes on to refer to the "crisis of values", "climate change" and "the urgency of new and far-sighted responses". It is necessary to "overcome the temptation of superficiality", confronting history, "teacher of life"; dialogue with sincerity and humility to sow "harmony and concord for the future of the new generations".
The letter introduces the themes of the Festival, summarised in the title 'Quo Vadis, the dilemmas of our time'.
Starting with uncertainty, of which Edoardo Garrone, president of the 24 ORE Group, speaks, 'In the last four years, macroeconomic scenarios and references for companies have changed. No one would have predicted such a sudden rise in interest rates. No one would have predicted the Russia-Ukraine war, with the exponential rise in the cost of energy commodities, especially gas, and no one would have predicted its subsequent collapse in a few months, to name but a few. I speak as an entrepreneur, and I see how difficult it is now to have scenarios. It is difficult to say where we will be in four years and with what results. Because scenarios are unstable. In such emergency scenarios, governments, rightly, have to intervene, but this changes the scenario again. Like when we thought we were going to run out of energy in Europe, and the governments' measures were providential but at the same time they slowed down the goals of the energy transition, reactivating coal-fired power plants. So industrial and energy policies must be as stable and long-term as possible. If, on the other hand, it becomes a continuous decree, the system goes haywire. I am not here to complain, but to understand from the experts here, what their vision is, I won't say 20 years, but at least four years.
Maurizio Fugatti, president of the Autonomous Province of Trento, observes that 'among the five Nobel Prize winners present at this festival, there are two for peace. In a difficult moment like this, important elements can come out of these meetings to cool the situation. The Festival is continuing to grow. And I believe it is becoming the reference event for the world of business and enterprise on a national level. This gives us great pleasure, not least because it is an event where you are able to dialogue with those who attend, between auditors and speakers. We are in our third year of organisation by Il Sole 24 Ore, and we have renewed for another three years'.
Flavio Deflorian Rector of the University of Trento: 'I start with humility, a concept cited by the Pontiff. I believe that the university world too must face this context in which it is difficult to make predictions with humility. One might ask: so does it make sense to ask "quo vadis"? I believe so, especially from the point of view of young people going to university, who pose important issues and questions, perhaps not always in the right way. The festival is a moment of personal growth, what we do as a university is to give tools to generations that are faced with this uncertain scenario. It is difficult for a 20-year-old to live not knowing what is in front of them. We can give them tools for listening and critical thinking. This festival is an arena where all this is practised and for a university like ours, a great opportunity. And at least asking the right questions is a good starting point'.

