Horace Wood Brock is president of Strategic Economic Decisions, which he founded in 1985 with the sponsorship of institutions including Fidelity Investments, GE Capital, and the IBM Pension Fund. His advisory service focuses on forecasting and analyzing market risks, specializing in the application of the economics of uncertainty model developed by economist and Nobel Laureate Kenneth Arrow.
Paradoxically, one can have greater confidence in the long-run prospects for a currency than in its short-run prospects. This is because the relationship between long-run fundamentals and long-run value is stronger than in the corresponding short-run case.
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The fundamental conceit of efficient-market theory—that markets can perfectly assess and thus price, slice, and dice risk—has collapsed like Edgar Allen Poe’s House of Usher.
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The Stanford Social Innovation Review is written for and by social change leaders in the nonprofit, business, and government sectors. Sample articles of particular interest to readers of What Matters are available below.
- Revitalizing Struggling Cities
by Ben Hecht. Living Cities is working with five US municipalities to develop an ecosystem for solving urban problems.
- Picking Green Tech's Winners and Losers
by Clayton M. Christensen, Shuman Talukdar, Richard Alton, and Michael B. Horn. Unless clean tech follows well-established rules of innovation and commercialization, the industry’s promise to provide sustainable sources of energy will fail.
- McKinsey Quarterly : Social Innovators are using prizes to spur solutions to difficult societal problems
- Center for American Progress: Can social impact accelerate social innovation?
- Bloomberg BusinessWeek: America’s most promising social entrepreneurs
- The New York Times: Venture philanthropy and the foreign aid revolution.
- Wired magazine: Massive biometric project gives millions of Indians an ID
08 Jan 2012 · 04:50:11 PM GMT
Dr. Parekh, We would be happy to collaborate with you and your organizations to share your stories of progress. I think you will also find other examples of affordable, quality health care programs in ViewChange.—Wendy Hanamura
In response to Telling the world’s stories to promote change
23 Dec 2011 · 03:48:12 AM GMT
Agree. Data Analytics has been left as only a commercial corporate concept for a long time; with Governments only relying on a 5-yearly census to get key statistics.Social data as it is generated from social media is a powerful Risk Management and So...—Mthandeni Mathabela
In response to Harnessing big data to address the world’s problems
21 Dec 2011 · 03:56:38 PM GMT
Gary and Matt, When I was a child in India in the 1950s, there was a question that was continuously being asked by those in government, universities, private industry and public-sector organizations: “How do we feed all our people, when we ...—Ajay Bhatla
In response to Dare to be orthogonal
19 Dec 2011 · 01:44:09 PM GMT
Love your site and especially your name! Thanks for the awesome concept and great articles. I couldn’t find a share button to push it to Facebook or other sites aside from Twitter.—Bryan Thomas