Sir Tim Besley

Tim Besley, a renowned economist from the London School of Economics, and Andrés Velasco, a former policymaker, dive deep into the challenges facing today's economic landscape. They discuss their ambitious work, The London Consensus, which aims to provide adaptable policy principles rather than one-size-fits-all solutions. The duo highlights the need for well-being beyond GDP, the importance of growth, and the crucial role of state capacity in effective governance. They also caution against simplistic economic paradigms while emphasizing coherent narratives for better policymaking.

Tim Besley, a Professor of Economics at the London School of Economics, dives deep into the relationship between economic growth and trust in government. He explores how long-term growth consistently builds trust across generations. The discussion highlights the impact of recent economic experiences on perceptions of trust, revealing cognitive biases at play. Besley contrasts various countries, examining how factors like transparency influence trust levels, especially among different age groups, shedding light on what truly inspires confidence in governance.