Leo Johnson for Age of Economics - Full interview

Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 9)
0:00 - Prologue
01:38 - Intro
01:57 - 1. Why does economics matter?
04:17 - 2. What are the differences between economic science and economic engineering?
07:27 - 3. What role does economics play in society? Does it serve the common good?
10:49 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.?
11:15 - 5. As we live in an age of economics and economists - in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people - should economists be held accountable for their advice?
14:49 - 6. Does economics explain Capitalism? How would you define Capitalism?
15:37 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form?
18:24 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one?
About Leo Johnson
British. Broadcaster, writer, and noted expert on global megatrends
He studied PPP at Oxford and took an MBA at INSEAD before working for a decade at the World Bank. His work promotes progressive disruption - innovation that matters - grounded in practical optimism, a vision of good economic growth that works for both society and business. Leo was the Co-Founder of Sustainable Finance Ltd, now a part of the PwC Group. He is a Business Fellow of the Smith School of Enterprise & Environment at the University of Oxford, and has presented a number of programmes for BBC World News, including ‘Down to Business’ and ‘One Square Mile’. He is the co-host of the BBC Radio 4 series, ‘FutureProofing’, examining the impact on business and society of the big ideas coming down the track, from Synthetic Biology to Block Chain and the Sharing Economy. He is the brother of Boris Johnson, the former Prime Minister of the United Kingdom.
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Interview by Fabio Dondero and Julian Karaguesian
Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero