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On 1st September 1972 the International Institute of Social Economics was founded in Hull by Dr. Barrie O. Pettman. The Institute aims to assist in the development of Social Economics as a recognised discipline with a scientific foundation and accepted standards of qualification and ethics; to improve standards of Social Economics by encouraging communication and the interchange of ideas within a growing body of people educated to appreciate the broad field of Social Economics; to help and encourage Social Economists at all levels to understand and apply newly developing ideas and techniques and to assist in translating them into practical terms; to provide an organisation through which new knowledge can be added to the discipline of Social Economics, by research, by conferences, by publications and by all other means; to assist in the continuing advance of internationally recognised measures of social and economic progress; and to assist and encourage colleges and universities to develop and maintain sound and adequate Social Economics teaching.

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