Speaker: Professor Bruce Bueno de Mesquita, Professor of Politics at NYU and Senior Fellow at Stanford’s Hoover Institution. Chair: Professor Richard Steinberg
Also huffduffed as…
Hailed as ‘the new Nostradamus’, Bruce Bueno de Mesquita has been shaking the world of political science to its foundations with his predictions of world events. His systems based on game theory have an astonishing 90%+ ratio of accuracy and are frequently used to shape US foreign-policy decisions on issues such as the terrorist threat to America to the peace process in Northern Ireland. Considered by many to be the most important foreign-policy analyst there is, it is no surprise that he is regularly consulted by the CIA and US Department of Defence. In this lecture Professor Bueno de Mesquita will look at what is needed to reliably anticipate and even alter events in any situation involving negotiation in the shadow of the threat of coercion. He will demonstrate how to bring science to decision making in any situation from personal to professional.
Bruce Bueno de Mesquita of NYU and Stanford University’s Hoover Institution talks about the incentives facing dictators and democratic leaders. Both have to face competition from rivals. Both try to please their constituents and cronies to stay in power. He applies his insights to foreign aid, the Middle East, Venezuela, the potential for China’s evolution to a more democratic system, and Cuba. Along the way, he explains why true democracy is more than just elections—it depends crucially on freedom of assembly and freedom of the press.
Russ Roberts talks with Hoover Institution and NYU political scientist Bruce Bueno de Mesquita about his theory of political power—how dictators and democratically elected leaders respond to the political forces that keep them in office. This lengthy and intense conversation covers a wide range of topics including the evil political genius of Lenin, the dark side of US foreign aid, the sinister machinations of King Leopold of Belgium, the natural resource curse, the British monarchy in the 11th century, term limits and the inevitable failure of the standard methods of fighting world poverty.