Comments on: Towards the New Paradigm of Long-Termism by Richard Straub, President Peter Drucker Society Europe https://www.druckerforum.org/blog/towards-the-new-paradigm-of-long-termism-by-richard-straub-president-peter-drucker-society-europe/ Fri, 07 Mar 2014 13:43:47 +0000 hourly 1 https://wordpress.org/?v=6.0.3 By: Jorn B. Andersen https://www.druckerforum.org/blog/towards-the-new-paradigm-of-long-termism-by-richard-straub-president-peter-drucker-society-europe/#comment-29552 Thu, 13 Feb 2014 14:05:32 +0000 http://www.druckerforum.org/blog/?p=650#comment-29552 This is a very timely and relevant article pointing to one of the root causes for the global financial crunch and following economic crisis. It coincides with the OECD’s announcement this week, where it is stated that rarely have the models for economic forecasting been so wrong as the last five years. The OECD acknowledges that better economic models is required, and also point to the fact that ‘global group think’ among IMF, OECD etc. have contributed to the miscalcultations.

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