5 questions for Mervyn King on managing uncertainty and employing expertise

When can we rely on the predictions and projections of experts, and when are policymakers simply forced to deal with uncertainty? In the latter event, how should uncertainty be handled? I recently discussed these questions, ....

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Is Silicon Valley over?

California is “America on fast forward,” according to sociologist Manuel Pastor. As he sees it, many of today’s biggest challenges — from climate change to inequality — arrived in the Golden State first. And thus ....

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5 reasons why Nobel Prizes in economics matter in tech

In case you missed it, Professors Paul Milgrom and Robert Wilson received the 2020 Nobel Prize in economics for their work on auction theory, which is used extensively in tech. Auction theory may not sound ....

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5 questions for Richard Reeves, Isabel Sawhill, and Michael Strain on the state of the middle class

Many Americans believe that the middle class has been left behind — that wage growth has slowed down, life expectancies have stagnated, and civil society has deteriorated. To what extent are these fair diagnoses? And ....

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5 questions for Nate Morris on entrepreneurship, innovation, and environmentalism

What is it like to start a business in America today? How can innovations in the waste management industry benefit the environment? Does environmentalism need to be a divisive political issue? I recently explored these ....

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Decision-making in an age of radical uncertainty: My long-read Q&A with Mervyn King

So much of our policy debates rely on predictions, projections, and probabilities. What will the results of the upcoming election be? How will this policy affect economic growth? How big of a threat is climate ....

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Scenarios for US interest rates and emerging market default: The good, the bad, and the ugly

This note summarizes my presentation for the AEI Event, “The Debt Challenge of Emerging Market Economies”, October 28, 2020.[1] How likely are emerging market (EM) economies to default? Even before the coronavirus pandemic, many of ....

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Thinking about CRISPR, longevity, and innovation

In my recent podcast chat with Kevin Davies, executive editor of The CRISPR Journal and author of the recently released Editing Humanity: The CRISPR Revolution and the New Era of Genome Editing, it wasn’t until ....

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