“There must be a self beyond that determined solely by preferences.” – Nevin, 1989
Raised in modest circumstances in a mid-sized city in Canada, Andrew has become one of Canada’s leading global thinkers, with a unique and comprehensive range of experiences and perspectives.
At age 13, Andrew took his first university course at the University of Western Ontario (now Western University), graduating at 17 as Gold Medalist in Computer Science. At 18, he started his PhD in Economics at Harvard, taking a break from his studies there at age 20 to attend Oxford University as a Rhodes Scholar, studying Philosophy and Politics at Balliol College, and scoring two goals in the 100th Anniversary Blues ice hockey match against Cambridge.
On his return to Harvard at age 22 (1985), Andrew became increasingly uncomfortable with the economic orthodoxy we call ‘neo-classical economics’ with its foundation of individual rationality, single-dimension human decision-making, and a simplistic approach to time. This discomfort culminated in a thesis deconstructing economics’ core foundation in Utility Theory and demonstrating that this theory, as a basis for economic (and other) decision-making, leads to unethical choices that diminish human Flourishing by diminishing our conception of what it means for a human choice to possess value. By the standards of Economics scholarship, it was perhaps the worst thesis ever accepted at Harvard. But it had one singularly important characteristic: it was right. Andrew had thought beyond an economic orthodoxy that attempted to legitimize the discipline by reducing choice to a set of linear processes and saw instead an economic theory that is legitimate only when it acknowledges authentic choice processes in which people actually engage.
Coming to the end of his studies, Andrew recognized that he simply didn’t know enough about the world credibly to answer the questions he wanted to answer – how did an economy actually work? How do we measure what is really happening in an economy? What objectives for society should the economy pursue? And what are the real levers to make the economy work better? And so he left the academic world to pursue that understanding.
The subsequent 29 years have been a remarkable journey of learning and Andrew now believes he can start to answer some of these questions, not only for those who have experienced privilege, as he has, but toward better lives for everyone.
Andrew has a globally rare set of experiences. He has been a management consultant, a private equity investor, and run four companies, working across almost every industry. He has lived and worked in Toronto, Hong Kong, Beijing, Paris, London, and now Lagos and has run businesses in Tokyo, Shanghai, and Sydney. Through Com Dev, one of Canada’s premier aerospace companies, Andrew was the first institutional investor to see and lead an investment that ultimately gave an ownership stake in RIM (now Blackberry) in 1995. He was also President of United Family Hospitals, China’s first and leading international hospital group, including through the remarkable SARS period in 2003. At PwC, where he is based now, he led the development of their perspective on the 2008 Great Financial Crisis and has worked on national level issues for the financial system in 2 countries (Nigeria and Ireland). He created the first version of Megatrends for PwC globally (2010), as well as leading the writing of PwC’s report on Revitalizing Corporate Japan (2012).
And he has known failure as an entrepreneur. In 2005, he founded LanguageCalls to provide 1-1 language instruction where the student and the teacher were in different locations. In 2008, LanguageCalls had to be closed.
Today Andrew continues to be part of the world’s largest professional services firm, now as Partner and Chief Economist at PwC Nigeria, where he leads the Financial Services Advisory Practice as well as being Chief Economist. He also leads the Global PwC effort to understand the future of Financial services. In these roles, Andrew plays a small part in helping to build the economy brick-by- brick in the world’s 7th largest country by population and the centre of Africa’s remarkable transformation, which should continue for decades.
Nevinonomics is the culmination of a set of extraordinary opportunities that have allowed Andrew to combine his humanizing academic insights with his comprehensive real world experience. It examines issues of the financial system and the great financial crisis, meeting social and individual objectives, coping with uncertainty, and measuring and guiding what is happening in the world toward developing both personal financial practices and local and global public policy that can lead to human Flourishing. Nevinomics’s purpose is not just to critique existing economics orthodoxy but also, by re-framing the ways that we measure and communicate economic success, to re-define how we think about societies and about ourselves in order to develop and implement policies that promote Flourishing.