"Almost as if it were a new religion, we need to start rewarding those who create added value and take up the responsibilities required by their role… - Alessandro Magnoli Bocchi

"Almost as if it were a new religion, we need to start rewarding those who create added value and take up the responsibilities required by their role in the community". Original quote: "Quasi fosse una nuova religione, bisogna iniziare a premiare chi crea valore aggiunto, assumendosi le responsabilità richieste dal proprio ruolo nella collettività".

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About Alessandro Magnoli Bocchi

Alessandro Magnoli Bocchi (born 25 April 1968), is an Italian economist, investment professional and manager.

Also Known As

Alternative Names: Alessandro Magnoli

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"Tackling ‘population aging’ - especially in high-income countries, where the median age is above 40 - requires: 1) acknowledging that most pension systems are financially unsustainable; and 2) reducing the resources allocated to the most sizeable share of the electorate - the elderly".

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"In public policy, dependencies and unintended consequences matter. For example, ‘climate change’ and ‘population aging’ are key drivers of migration and cannot be ignored when designing immigration policies. Also, ‘deforestation’ not only leads to ‘global warming’, but also drives wild animals closer to humans - increasing the likelihood of viral infections, via ‘cross-species leaps’. As a result, most decisions cannot be taken in isolation: solving problems in one place is likely to create new ones, elsewhere. Also, well-intentioned policy choices can often provide perverse incentives - and obtain the opposite of their stated objectives. The phenomenon is known as the “cobra effect”: in India, during British rule, the authorities’ bounty on dead cobras resulted in a larger cobra population. In other words, policy making: 1) relies on a complex, interrelated context; and 2) can lead to unpredictable, non-linear outcomes".

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