The Strategy Skills Podcast: Management Consulting | Strategy, Operations & Implementation | Critical Thinking

Chris Bradley, Senior Partner at McKinsey & Company and Director of the McKinsey Global Institute, discusses the ideas behind his book A Century of Plenty and the long-term drivers of economic growth. Bradley explains that much of the public debate about the economy assumes growth is limited or zero-sum. His research argues the opposite. Over long periods, societies have repeatedly expanded prosperity through investment, technology, and knowledge. A central theme in the conversation is the importance of investment. Bradley notes that productivity growth depends heavily on sustained investment in capital, infrastructure, and innovation. When investment slows, productivity usually slows as well. He also discusses the institutions that support economic progress. Stable rules, strong legal systems, and functioning markets create the conditions that allow investment and innovation to take place. When these conditions exist, growth tends to follow. The conversation also addresses the common belief that the worl