What is Big Think?  

We are Big Idea Hunters…

We live in a time of information abundance, which far too many of us see as information overload. With the sum total of human knowledge, past and present, at our fingertips, we’re faced with a crisis of attention: which ideas should we engage with, and why? Big Think is an evolving roadmap to the best thinking on the planet — the ideas that can help you think flexibly and act decisively in a multivariate world.

A word about Big Ideas and Themes — The architecture of Big Think

Big ideas are lenses for envisioning the future. Every article and video on bigthink.com and on our learning platforms is based on an emerging “big idea” that is significant, widely relevant, and actionable. We’re sifting the noise for the questions and insights that have the power to change all of our lives, for decades to come. For example, reverse-engineering is a big idea in that the concept is increasingly useful across multiple disciplines, from education to nanotechnology.

Themes are the seven broad umbrellas under which we organize the hundreds of big ideas that populate Big Think. They include New World Order, Earth and Beyond, 21st Century Living, Going Mental, Extreme Biology, Power and Influence, and Inventing the Future.

Big Think Features:

12,000+ Expert Videos

1

Browse videos featuring experts across a wide range of disciplines, from personal health to business leadership to neuroscience.

Watch videos

World Renowned Bloggers

2

Big Think’s contributors offer expert analysis of the big ideas behind the news.

Go to blogs

Big Think Edge

3

Big Think’s Edge learning platform for career mentorship and professional development provides engaging and actionable courses delivered by the people who are shaping our future.

Find out more
Close
With rendition switcher

Transcript

Question: Is China a bubble? 

Azim Premji: I think the Chinese government is realizing that the economy is overheating. So, I think they will take proactive steps to slow it down. The last quarter I understand the growths are running at rates of 12% a year GDP. And two, I think the Chinese government is seriously considering whether they should firm the Chinese currency because of international pressure, but also because the economy is heating up too much in terms of flow through exports. 

Question: What does the U.S. need to do to maintain its status as the leading economy? 

Azim Premji: One is very obviously, which every economist will tell you it’s got to fix its problem of the fiscal deficit. It’s getting out of control. Two, I think the American consumer must learn to live within his or her means. You cannot have a society where you spend more than you earn. I mean, it’s just fundamentally not viable in the long run. I think the corrective steps which are taking place now should lead in the right direction. 

I think one is that the American consumer is learning to save. Right? The savings which were running negative now are running between 4% and 5%. Insofar as the fiscal deficit is concerned, I think the President and his team are addressing issues which are economic to see to it that they contain the fiscal deficit and the President is making tough decisions, which is why he is getting unpopular with some of the commercial leadership.

Recorded on May 7, 2010
Interviewed by Victoria Brown

More from the Big Idea for Saturday, June 19 2010

 

Is the Chinese Economy Over...

Newsletter: Share: