Big Public Problems News Today

It was about energy—friendly technologies. that phrase, five—year plan, is very important, isnt it? what you dont write much about in your book is policy, �*cause youre an economist, not a politician. but isnt the reality that the short—termism of democratic politicians, the degree to which they have to think about the problems of people today rather than next year, or in a decades time, it undermines much of your mission—based economics. thats why in the book, i spend a lot of time lo...

Technologies. that phrase, five—year plan, is very important, isn�*t it? what you don�*t write much about in your book is policy, cos you�*re an economist, not a politician. but isn�*t the reality that the short—termism of democratic politicians, the degree to which they have to think about the problems of people today rather than next year, or in a decade�*s time, it undermines much of your mission—based economics. that�*s why in the book, i spend a lot of time looking at what...

Say, the electoral one. so the people who come in to lead it, they come in for 4—5 years. its not necessarily with the electoral cycle, timed to those four years, and they literally are there to take kind of big bets, take risks, but on big public problems. the way that theyve actually organised their own institution is by welcoming risk—taking and experimentation, which you talked about, because civil servants make mistakes. but its interesting how we reward risk—taking in the private sec...

So the people who come in to lead it, they come in for 4—5 years — its not necessarily with the electoral cycle, timed to those four years — and they literally are there to take kind of big bets, take risks, but on big public problems. the way that theyve actually organised their own institution is by welcoming risk—taking and experimentation, which you talked about, because civil servants make mistakes. but its interesting how we reward risk—taking in the private sector. we allow the ...