
We live in difficult times. Five minutes of watching the news displays a multitude of new challenges. The impacts of globalized problems like climate change, pandemics, and aging populations extend far beyond national boundaries. Change is happening at an increasing pace and scale.
In short, we have now entered an era of “radical uncertainty,” a term central to my work, coined by my friends, former Bank of England governor Mervyn King and economist John Kay, in their influential book of the same name.