Horace "Woody" Brock Ph.D

President, Strategic Economic Decisions, Inc.


Dr. Horace “Woody” Brock, one of the world’s foremost economists, is the author of the new book, American Gridlock – Why  the  Right  and  Left  Are  Both Wrong,  Commonsense  101 Solutions  to  the  Economic  Crises.  More  than  50 leading  chief executives, academics, journalists and investors endorsed the book, published  in  January  2012  by  John  Wiley  &  Sons,  Inc.  As  the founder and president of Strategic Economic Decisions, a renowned economic  think  tank,  Dr. Brock  has  spent  more  than  25  years counseling global corporations and other institutions who benefit from  his  in-depth  analysis  of  ongoing  structural changes in  the global economy.



Dr. Brock earned his B.A., M.B.A. and M.S. from Harvard University, and his M.A. and Ph.D. from Princeton University (mathematical economics and political philosophy). He studied under Kenneth J. Arrow, Stanford University, and the late John C. Harsanyi, University of California, Berkeley, both winners of the Nobel Prize in Economics.



As a celebrated public speaker, he is well known for his ability to take complex and counter- intuitive  concepts  and  make  them  easily  comprehensible  to  a  broad range  of  people.  His speaking engagements have included audiences such as the World Economic Forum in Davos, the CIA, The Aspen Institute, board of directors of corporations and banks, high net-worth family offices, private equity groups, and edge funds. In addition to speaking and authoring SED’s periodic publications and numerous publications in professional journals, Dr. Brock is also the author of a series of Op-Ed pieces in the New York Times and the International Herald Tribune.



Brock’s institute specializes in applications of the modern Economics of Uncertainty, originally developed  and  championed  by  Professor  Arrow,  to  forecasting  and risk assessment  in  the international economy and its asset markets. Dr. Brock authored Interest Rate Insight, the first Expert-System developed for financial markets. In 1976, he was elected an Andrew Mellon Foundation Bicentennial Fellow. In its research, SED has focused on apprehending ongoing structural changes in the economy and markets to help clients avoid the pitfalls of illegitimately extrapolating the past into the future.   In this regard,  Dr.  Brock  has  worked  closely  with Professor  Mordecai  Kurz of  Stanford  University  in  developing  the  new  theory  of  Rational Beliefs that is now replacing the classical theory of “Efficient Markets.”  This theory explains for the first time the way in which history rhymes but does not repeat itself.



Dr. Brock is an avid collector of fine arts and has written extensively on the topic of esthetics. His contributions to the field of Distributive Justice are widely recognized and he developed one of the first Mathematical theories applied to the concept of social justice.

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