woody brock

Epoch Times spoke to Woody Brock about why public infrastructure investment is the best way to boost growth without taking from future generations.

According to Woody Brock of Strategic Economic Decisions, China has run out of roads to invest it.

In economics, nobody likes it but everybody has to live with it: uncertainty. It makes business decisions difficult and wreaks havoc in economic models. This is why mainstream economics oftentimes ignores it and assumes we have complete certainty in economic planning. In real life, this assumption never pans out, which is part of the reason mainstream economics is notoriously bad at predicting financial crises.

The digital revolution which keeps a tab on inflation. Technological improvement now means capital goods are cheaper every year.