This is the kind of book that should be required reading for anyone interested in a better future than the one most people are seeing with second rate politicians and third rate candidates. And the potential for trampling over private property rights would be worrying. His contributions to the field of Distributive Justice are widely recognized and he developed one of the first mathematical theories applied to the concept of social justice. Pessimism is ubiquitous throughout the western world as the pressing issues of massive debt, high unemployment and anemic economic growth divide the populace into warring political camps. Brock tackles the five challenges critical to the nation's future: preventing a Lost Decade with permanently high levels of unemployment; sparing the nation long-run bankruptcy from exploding healthcare costs; preventing future financial storms; standing up to authoritarian mercantilist economies like China; and addressing the vital issue of distributive justice or ensuring fair shares of wealth and income.
It is high time for such a book, especially during a presidential election year. Please join Woody Brock and James Fallows as they discuss and debate American Gridlock. Arguing from first principles and with rigorous logic, Brock demonstrates that the choice before us is not between free market capitalism and a government-driven economy. Drawing on new theories such as game theory and the economics of uncertainty that are based upon deductive logic, Brock reveals fresh ideas for tackling issues central to the 2012 U. He easily got agreement from the audience on a short list of principles, and then proceeded through deductive reasoning to convince us that American healthcare could be at once affordable, accessible, and plentiful if we took a more common sense, nonpartisan approach to it. He has advised many of us on looming economic disasters including his prediction of the crash in 2008. Marshall Plan dedicated to very high levels of profitable infrastructure spending as the solution to today's Lost Decade of high unemployment Drawing upon a logical extension of the Law of Supply and Demand to demonstrate how the healthcare spending crisis can be completely resolved by letting supply increase at a faster rate than demand Utilizing the theory of bargaining inaugurated by the Beautiful Mind mathematician John F.
His focus on deductive logic provides clarity of thought that should serve as a standard for economic and fi nancial writers everywhere. Highly accessible to the layman. Brock demonstrates how deductive logic as opposed toideologically driven data analysis can transform the way we thinkabout these problems and lead us to new and different solutionsthat cross the ideological divide. Drawing on new theories such as game theory and the economics of uncertainty, which are based upon deductive logic, Brock reveals fresh ideas for tackling issues central to the 2012 U. In his new book, , Dr. This book is a must read for anyone who longs for Washington D. In American Gridlock, leading economist and political theorist H.
I would suggest burying oneself in American Gridlock before occupying Wall Street, the executive suite or public offi ce. All in all I would have given it 5 stars if not for the complexity of the book. Right-and Left-wing ideologues talk past each other, with neither side admitting the other has any good ideas. Brock is an avid collector of fine arts and has written extensively on the topic of esthetics. Brock will be joined in the discussion by James Fallows, national correspondent for The Atlantic, who writes regularly on many of the national issues that are the subject of Dr. Yes, but China is on a much much longer time-cycle of strategic decision-making, with which 4-5 year Western electoral cycles can never hope to compete.
Can we wrest those American-as-apple-pie values back from the clutches of partisan politics and replant them in common ground where we can grow the new nonpartisan way of thinking that Brock talks about? American Gridlock - Why the Right and Left Are Both Wrong, Commonsense 101 Solutions to the Economic Crises. His speaking engagements have included audiences as diverse as the World Economic Forum in Davos, Boards of Directors of corporations and banks, corporate officers, high net worth families, private equity groups, and hedge funds. It is not just a question of a failure of leadership. A sensible solution to getting our economy back on track Pessimism is ubiquitous throughout the Western World as the pressing issues of massive debt, high unemployment, and anemic economic growth divide the populace into warring political camps. There is no one like Woody. Most impressively, his is a refreshingly independent and optimistic voice in an era of partisanship and pessimism.
From Philosophy, to politics, to education, the author shows what really needs to happen. Right-and Left-wing ideologues talk past each other, with neitherside admitting the other has any good ideas. Democracy has some upsides too. Read this book to fi nd a way forward out of the broken politics and doctrinaire policies that leave so many disgusted and depressed to the prospect of a genuine prosperity. Woody Brock does not simply offer his opinions about these crises.
Arguing from first principles and with rigorous logic, Brock demonstrates that the choice before us is not between free market capitalism and a government-driven economy. If real change is going to happen the it comes from well grounded debate. Right-and Left-wing ideologues talk past each other, with neither side admitting the other has any good ideas. I enjoyed the last chapter as it was very practical and seemed to step outside of the theory realm a bit more and go into the how it could really work realm. He always provides well founded and insightful commentary that identifi es and explains complex developments in economics and fi nance and provides practical solutions to the enormous challenges facing the United States and the world economy. Arguing from first principles and with rigorous logic, Brock demonstrates that the choice before us is not between free market capitalism and a government-driven economy.
The idea of scrapping all of our social services and essentially starting over won't work while people actually depend on them. This book should be required reading for everyone who cares about America's future, particularly our elected officials. It would take into account positive externalities, so that for example an interstate rail link would qualify because it generates employment opportunities in the areas which it services. He starts each discussion of a different subject wit I really liked this book. In 1976, he was elected an Andrew Mellon Foundation Bicentennial Fellow. As the founder and president of Strategic Economic Decisions, a renowned economic think tank, Dr. He focuses on this in order to overcome what he terms 'the Dialogue of the Deaf': the shouting match between the Left and the Right and its inevitable manifestation as gridlock.