Held on Tuesday, November 10
Dr Woody Brock
Jane Fuller, co-director of the CSFI, talks to Dr Woody Brock about the prospects for world economic growth.
When he came over to London last time (in November 2013), I was deeply sceptical about the good Dr. Brock.
Yes, I know he had quite a reputation in the US as a disciple of Kenneth Arrow, and as a populariser of a branch of economics based around uncertainty. But, cynic that I am, I figured he was at best 50% wind and water. However, to my surprise (and, I must say, pleasure), I discovered:
- that Woody has a hard core of fans in the UK who really do rate his analysis; and
- second, that what he has to say contains some wonderfully counter-intuitive nuggets that got me (and everyone else) thinking.
In the end, I think we sold every copy of the book he was promoting – and we could have sold twice as many.
So, I am delighted that The Woodster has agreed to make a return visit. For those who don’t know (or know of) him, he is a Princeton PhD (in mathematical economics and political philosophy), the founder of Strategic Economic Decisions, a well-known public speaker, author and consultant. He is also great fun. He isn’t peddling a new book this time (at least, I don’t think so), but he has two themes in mind:
- the link between low growth and what he calls “regulatory constipation and corruption”; and
- our failure to understand what is really happening to productivity.
That said, I am sure we can get him to expatiate on any number of other economic/financial, even philosophical, phenomena. And, as I said, he is always good for a few insights that one doesn’t expect.