The Inauguration of GENESYS (Government Economists for New Economic Systems)

The NAEC group at the OECD  inaugurated on 4 November a new international network of government officials to question conventional approaches to policy making. William White participated in an inaugural panel chaired by Rana Foroohar (of the Financial Times) and Jo Swinson (previous leader of the Liberal Democratic Party in the UK). White (1 hour, 2 minutes in) highlighted the problem of groupthink in government and the unwillingness of many to “speak truth to power”. This new network could encourage individuals in national capitals to speak out, knowing that their views were shared by others, and could also be an independent source of new ideas within governments. White finished by noting that there were many false beliefs about how the economy works that needed to be challenged.