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1st August 2023 · Articles & Interviews by: Vikas Shah MBE

Bjørn Lomborg is President of the Copenhagen Consensus and Visiting Fellow at Stanford University’s Hoover Institution. His new book Best Things First brings together 12 new, peer-reviewed studies which highlight how to make the world a better place, in the best [and most cost-effective] way. These studies show that by spending $35 billion a year (the same as the increase in annual global cosmetics spend in the last 2 years), on 12 specific policies, we could save 4.2 million lives a year, and generate over $1.1 trillion in new wealth. For every dollar spent, these policies generate $52 in global benefits. In this interview, I speak to Bjørn Lomborg, President of the Copenhagen Consensus. We discuss the 12 most impactful solutions to some of our world’s most pressing challenges – saving millions of lives, generating trillions in economic gains, and huge returns in the process.

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01-08-2023 10:37:21
Thought Economics

25th May 2023 · Articles & Interviews by: Vikas Shah MBE

General H.R. McMaster served as a commissioned officer in the US Army for thirty-four years. He retired as a Lieutenant General in 2018 after serving as the United States 26th National Security Advisor. Today, McMaster is the Fouad and Michelle Ajami Senior Fellow at the Hoover Institution, Stanford University. He is also the Bernard and Susan Liautaud Fellow at the Freeman Spogli Institute and lecturer at Stanford University’s Graduate School of Business. McMaster designed the future army as the director of the Army Capabilities Integration Center and the deputy commanding general, futures, of the US Army Training and Doctrine Command (TRADOC). As commanding general of the Maneuver Center of Excellence at Fort Benning, he oversaw all training and education for the army’s infantry, armor, and cavalry force. He has commanded organizations in wartime including the Combined Joint Inter-Agency Task Force—Shafafiyat in Kabul, Afghanistan, from 2010 to 2012; the Third Armored Cavalry Regiment in Iraq from 2005 to 2006; and Eagle Troop, Second Armored Cavalry Regiment in Operation Desert Storm from 1990 to 1991. McMaster also served overseas as advisor to the most senior commanders in the Middle East, Iraq, and Afghanistan. He is author of the bestselling books Battlegrounds: The Fight to Defend the Free World and Dereliction of Duty: Lyndon Johnson, Robert McNamara, the Joint Chiefs of Staff and the Lies that Led to Vietnam. McMaster is the host of Battlegrounds: International Perspectives on Crucial Challenges and Opportunities In this interview, I speak to General H. R. McMaster, Former National Security Advisor to the United States. We discuss the current state of global security, the security and foreign policy challenges facing our world, and whether we should be hopeful for the future of global peace.

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25-05-2023 12:14:05
Thought Economics

6th November 2022 · Articles & Interviews by: Vikas Shah MBE

DoorDash is a remarkable business. Founded in 2013, the business now has millions of monthly active users, across 27 countries, who utilise the services of millions of Dashers on the platform to get, ‘restaurants and more, delivered to their door.’ DoorDash is empowering a whole new economic model – In the period from Q1 2020 through today, the platform has generated over $70 billion in sales for merchants, and over $25 billion in earnings for Dashers. It took 7 years for DoorDash to complete their first billion orders (from founding through October 2020), it took 10 months to complete their next billion – the scaling continues – in Q3 2022 alone, DoorDash delivered over 430 million orders. DoorDash IPO’d in 2020, and is regarded as one of the most valuable consumer businesses on the planet. In this interview, I speak to Christopher Payne, President of DoorDash. He served as COO from 2016-2021, and prior to joining DoorDash, he led the North American business at eBay, ran development of MSN Search (now Bing) and mapping (Virtual Earth) for Microsoft. He also led Amazon’s expansion beyond books into video, electronics, wireless, PCs and software. He is one of the world’s most accomplished technology leaders.

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06-11-2022 20:01:17
Thought Economics

2nd November 2022 · Articles & Interviews by: Vikas Shah MBE

Dr. Michael Shermer is the Founding Publisher of Skeptic magazine, the host of the podcast The Michael Shermer Show, and a Presidential Fellow at Chapman University where he teaches Skepticism 101. In this interview, I speak to him about conspiracy theories, conspiratorial thinking and why the rational believe the irrational.

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14-11-2022 20:20:35
Thought Economics

28th October 2022 · Articles & Interviews by: Vikas Shah MBE

Renowned economist Nouriel Roubini was nicknamed “Dr. Doom,” until his prediction of the 2008 housing crisis and Great Recession came true – when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders that are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.S., to climate change that strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster. There is a slight chance we can avoid them if we come to our senses – but we must act now. In this interview, I speak to Professor Nouriel Roubini, who speaks on how We are heading towards the worst economic catastrophe of our lifetimes – unless we can defend against ten terrifying threats.

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28-10-2022 14:45:56
Thought Economics

1st October 2022 · Articles & Interviews by: Vikas Shah MBE

Albert Wenger is a managing partner at Union Square Ventures (USV), a New York-based thesis-driven venture capital firm, where his investments have included Etsy, Twilio and MongoDB. Before joining USV, Albert was the President of del.icio.us from founding through the company’s sale to Yahoo. Albert graduated summa cum laude from Harvard College in economics and computer science and holds a Ph.D. in Information Technology from MIT. In his new book The World After Capital, Albert discusses how, “Technological progress has shifted scarcity for humanity. When we were foragers, food was scarce. During the agrarian age, it was land. Following the industrial revolution, capital became scarce. With digital technologies scarcity is shifting once more. We need to figure out how to live in The World After Capital in which the only scarcity is our attention.” In this interview, I speak to Albert Wenger, Managing Partner of Union Square Ventures, about our shift from the industrial to the knowledge economy, and what that means for all of us.

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25-10-2022 11:41:06
Thought Economics

30th June 2022 · Articles & Interviews by: Vikas Shah MBE

It’s easy to overlook the underlying strategic forces of war, to see it solely as a series of errors, accidents, and emotions gone awry. It’s also easy to forget that war shouldn’t happen—and most of the time it doesn’t. Around the world, there are millions of hostile rivalries, yet only a fraction erupt into violence, a fact too many accounts overlook. Christopher Blattman is the Ramalee E. Pearson Professor of Global Conflict Studies at the University of Chicago. He is co-lead the university’s Development Economics Center and the Obama Foundation Scholars Program. In his new book, Why We Fight, Christopher Blattman reminds us that most rivals loathe one another in peace. War is too costly to fight, so enemies almost always find it better to split the pie than spoil it for everyone or struggle over thin slices. In those rare instances when fighting ensues, we should ask: What kept rivals from compromise? He combines decades of economics, political science, psychology, and real-world interventions to lay out the root causes and remedies for war, showing that violence is not the norm; that there are only five reasons why conflict wins over compromise; and how peacemakers turn the tides through tinkering, not transformation. In this interview, I speak to Professor Christopher Blattman about why we fight, the root causes of war, and how we can effectively move to peace. We talk about how to build resilient societies, how best to detect fragility, and the remedies that shift incentives away from violence and get parties back to dealmaking.

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30-06-2022 13:59:17
Thought Economics

31st May 2022 · Articles & Interviews by: Vikas Shah MBE

Ousman Umar is a shaman’s son, born in a small village in Ghana, and his mother died giving birth to him. The traditions of the Wala tribe dictate that this means the baby is cursed and must be abandoned and left to die. Fortunately, Ousman’s father was able to use his position as a shaman to save his son’s life. Ousman grew up working the fields, setting traps in the jungle, and living off the land. But he dreamed of a different life. So, when he was only twelve years old, he left his village and began what would become a five-year journey to Europe. On a path rife with violence, exploitation, and racism, Ousman also encountered friendship, generosity, and hope. In his memoir, North to Paradise, Ousman tells his visceral true story about the stark realities of life along the most dangerous route traversed across Africa; it is also a portrait of extraordinary resilience in the face of unimaginable challenges, the beauty of kindness in strangers, and the power of giving back. In this interview, I speak to Ousman Umar about this treacherous boyhood journey from a rural village in Ghana, to the streets of Barcelona, and the path that led him home. We discuss why he, and so many, decide to migrate. We talk about the perils and realities of migration, and how we, as a society can deliver better aid, and stop the needless deaths caused by migration.

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31-05-2022 10:57:44
Thought Economics

7th April 2022 · Articles & Interviews by: Vikas Shah MBE

OpenSea is the largest marketplace for NFTs and user-owned digital items. The platform’s more than 600,000 users collectively have 2 million collections containing over 80 million NFTs. The platform is now valued at over $13.3billion and has attracted many of the world’s most prominent investors including: Mark Cuban, Tim Ferris, Ben Silberman, Alexis Ohanian, Balaji Srinivasan, Naval Ravikant, Justin Kan and Ashton Kutcher alongside funds including Andreesen Horowitz, Y Combinator and Founders Fund. In this interview, I speak to Devin Finzer, Co-Founder & CEO of OpenSea. We talk about the potential of blockchain, crypto technologies and NFTs. We discuss the NFT revolution, the potential use cases of NFTs, how they’re transforming the creator economy and creating opportunities for collectors and makers. We also talk about the technology behind NFTs, and Devin’s life as one of the most successful technology entrepreneurs in the world.

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07-04-2022 9:59:10
Thought Economics

3rd April 2022 · Articles & Interviews by: Vikas Shah MBE

What trapped humanity in poverty for most of our existence? What sparked the massive metamorphosis in living standards over the past two centuries? And what led to the emergence of vast inequality across the globe? The answers to these questions have the power to transform how we view our past and how we shape our futures. Professor Oded Galor (Herbert Goldberger Professor of Economics, Brown University) is an intellectual detective who has spent his entire career investigating the deep determinants of humanity’s development process. He is the founder of “unified growth theory,” which revolutionized our understanding of the forces that have governed the journey of humanity, and the impact that adaptation, diversity, and inequality have had on human development throughout the entire course of human existence. In this interview I speak to Professor Oded Galor about his book The Journey of Humanity; The Origins of Wealth and Inequality. We discuss why humans are the only species to have escaped the subsistence trap. We discuss the reasons for the astonishing progress of human civilisation, why wealth and inequality came to be, and how understanding our past could give us a better future.

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14-04-2022 15:43:50
Thought Economics

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