August 24th, 02012 by Alex Mensing
The talk, entitled “The Great Turbulence: Economics and the New Global Order,” begins at 6pm and will be moderated by Matt Richtel, author of Our Brain on Computers. Check here for directions and ticketing information.
The 2008 crash was more than a downturn: It marked the end of the “Great Moderation,” a two-decade period of mild business cycles and growth. Now many fear we are headed toward a prolonged recession (or worse), while others predict a new boom just around the corner. Who’s right? Saffo, with over two decades of experience exploring the dynamics of large-scale, long-term change, thinks that both groups miss the point. Rather, he foresees that we have entered a new era defined not by boom or bust, but by a new kind of volatility.