Is nuclear energy a cost-effective and reliable way for economies to decarbonize, or is it too risky? Episode 92 of Economics Explored considers how nuclear energy can provide zero-carbon, reliable energy and why it should potentially be considered as a key part of the world’s response to climate change. This is a conversation between Economics Explored host Gene Tunny and Adept Economics Research Officer Ben Scott. Gene and Ben’s profile are available on the Adept Economics website.
In Economics Explored EP91, David Johnson of Stanford speaks about his work and teaching on Negotiation and Design Thinking (e.g. David’s Stanford course Negotiation by Design: Applied Design Thinking for Negotiators). David provides some great insights into how design thinking can help improve our negotiating skills. As part of this discussion, host Gene Tunny and David reflect on how better negotiating skills, gained through design thinking, could help us solve important economic, social, and environmental challenges. Toward the end of the episode, David talks about a book he is currently writing on Climate Activism by Design.
David Johnson is a lawyer, writer and professor. He teaches Advanced Negotiation at Stanford Law School, and Design Thinking at the Hasso Plattner Institute of Design at Stanford. Across the last 20 years he has also practiced law in Silicon Valley, primarily as General Counsel for tech companies and, most recently, a non-profit foundation.
He has testified before Congress and the California Assembly on law and technology issues. He has conducted dozens of trials and appeals, including two state Supreme Court arguments. His client list included some of the biggest names in science and technology: Apple, Caliper, Google, McKesson, Sankyo Pharma, and The Computer History Museum.
In 2007 David completed a JSM in Law, Science and Technology. His thesis explored design methods for software and their potential application to systemic environmental issues. In 2014, David wrote, produced and delivered the world’s first free online course on Negotiation to some 5,000 students in 47 nations. General Electric thereafter licensed the course for a four-year run in their executive education program, “Brilliant U.”
Last year, during sabbatical in Singapore, he wrote a keynote article for the Singapore Academy of Law, Design for Legal Systems. Now back at Stanford, David is working on a book applying design thinking to climate change activism, working title: Climate Activism by Design. In addition to writing and teaching, David is an avid skier and sailor, and a diligent but decidedly average tennis player.
Episode 90 of Economics Explored features a discussion regarding COVID lockdown costs versus benefits with Professor Douglas Allen from Simon Fraser University, Canada. Professor Allen has concluded COVID lockdowns have been the greatest peacetime policy failure in Canada’s history. Please check out our conversation for Professor Allen’s justification for this claim.
Episode 85 of Economics Explored is a conversation on business cases for public infrastructure projects, featuring a case study of an Australian dam project. It includes a discussion of the requirements and processes for the development of public infrastructure business cases in Australia, with a case study of a current business case process relating to an irrigation dam which program host Gene Tunny is involved in. While Australian examples are used, the insights and lessons are relevant internationally. In many respects, Australian processes and requirements for developing public infrastructure business cases are world-leading.
The weight of biblical evidence certainly suggests that he wasn’t a socialist, not that he was a capitalist, but there’s certainly more overlap. And one of the key points would be socialism is involuntary…so any redistribution…it’s by government fiat, by government force. That’s at great odds with the Bible and what Jesus taught…Jesus expected people to follow him voluntarily. He expected them to be generous voluntarily. And, obviously, the free market is all about things being voluntary.
Darren and I had a wide-ranging discussion considering, among other issues, the impacts of religion on economic growth and whether the rich can get into heaven, given you cannot serve both God and Mammon.
Darren’s articles on religion and economics include:
One year on from when many countries started imposing tough COVID-19 control measures, Economics Explored host Gene Tunny asks eminent Australian finance Professor Peter Swan whether lockdowns pass a cost-benefit analysis test. In Episode 79 Running the Numbers on COVID-19 measures, Professor Swan says he stands by his view expressed last year that they do not. Listen to this episode to hear why Prof. Swan believes this is so.
About this episode’s guest– Professor Peter Swan
Professor Peter Swan AO FRSN FASSA is currently in Banking and Finance, UNSW-Sydney Business School. Peter completed his Honours Economics Degree at ANU, his PhD at Monash and after a visiting position at the University of Chicago, joined the Economics faculty at ANU, then to a chair at AGSM (UNSW), and was foundation professor in the Finance Department at the University of Sydney prior to returning to UNSW in 2002 with a Scientia Professorial Award in 2003.
He was elected a Fellow of the Academy of Social Sciences in Australia in 1997 and gained recognition in the Queen’s Birthday Honours lists in 2003 and 2016 with the Order of Australia (AM) and (AO), respectively. In 2018 he was elected a Fellow of the Royal Society of New South Wales (FRSN). His Officer of the Order of Australia (AO) Citation states: “For distinguished service to finance and commerce as a leading academic, journalist, and commentator on domestic investment, and on a range of political and economic issues.” His Member of the Order of Australia (AM) Citation states: “For services to academia as a scholar and researcher and through contributions to public policy in the fields of economics and finance”.