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Stephen Jennings: evaluation

1 Nov 2023 Conversations with Tyler Stephen Jennings on Building New Cities

“We certainly can’t quantify them because the development’s happening in such a wide range of settings, from communism dictatorships through to very liberal systems and with all different kinds of industrial — on every dimension, there’s a huge range of variables.”

— Stephen Jennings

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Speaker
Stephen Jennings
Attribution
Verified speaker
Claim type
evaluation
Recorded
1 Nov 2023
Publisher
Conversations with Tyler

Transcript context

…What do you think economists get wrong? I don’t think we really understand development at all, because if we could, we could predict it. We can predict virtually nothing. It’s just too complicated. It’s too connected with politics. I think there’s a lot of feedback loops and elements of development that we don’t understand properly. We certainly can’t quantify them because the development’s happening in such a wide range of settings, from communism dictatorships through to very liberal systems and with all different kinds of industrial — on every dimension, there’s a huge range of variables. To go back to New Zealand, what is the most positive future in terms of economic growth for New Zealand? What does that look like? What should be done?…

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