Simon Roberts: How should New Wall Street invest in National Economies?
Where does money come from and how does it work? National accounts provide a mine of data for understanding the productive capacity of an economy and how sectors of the economy interact. Dr Simon Roberts takes us through these systemic dependencies by introducing a novel flow diagram. The diagram reveals the connection between economic output and investment back into infrastructure.
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ABOUT Simon Roberts
“Simon Roberts is an Associate Director and Energy Specialist in Arup’s Foresight, Innovation and Incubator group. The group is charged with maintaining a focus for logical, analytical thought about the many possible futures that Arup confronts.
He is a physicist with an industrial background in manufacturing and a long-term involvement in sustainability and energy-related matters.
His current research focus is on the 4see modelling framework, which combines socio-economic-energy aspects of a country in order to formulate physically consistent scenarios 20 years or more into the future. Arup are an independent firm of Designers, Planners, Engineers, Technical Specialists and Consultants offering a broad range of professional services. Through their work, they hope to make a positive difference in the world. Theirs is to shape a better world.
The diagram reveals the connection between economic output and investment back into infrastructure. Banking plays a key role in where this investment is directed. Simon contends that the high investment into the service sector must be maintained to keep unemployment down. He goes on to propose that improving energy efficiency and renewable energy, for instance, need diversion of more investment.”
The VIDEO
