Tomas Sedlacek on how to treat our manic depressive economy

Finance & Entrepreneurship

It’s a common view that our economy is depressive. Tomas Sedlacek, who has been named one of the “Young Guns” and one of the “five hot minds in economics” by the Yale Economic Review, believes that this is a wrong diagnosis. He argues that our economy is manic depressive and comes up with a plan for its treatment. In his best-seller book,The Economics of Good and Evil, reviewed by the Financial Times as “a compulsive read” and a “must-read” by the Washington Post for 2011, Sedlacek shows how economics is woven out of history, myth, religion and ethics.An advisor to banks, ministers and presidents, such as Vaclav Havel, to whom he was economic advisor, Sedlacek serves as the Chief Macroeconomic Strategist in the leading Czech bank CSOB and sits on the National Economic Council of the Czech government. A member of the Yale University World Fellowship, where he served as a fellow and lectured, Sedlacek is the co-author of various case studies for Harvard and Georgetown, and a lecturer at Charles University, Prague.