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Tracy Alloway

๐Ÿ‘ค Speaker
1768 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

An investor should consider the investment objective, risks, charges, and expenses of the fund carefully before investing.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

To obtain a prospectus and summary prospectus, which contain this and other information, visit VanEck.com.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

Please read the prospectus and summary prospectus carefully before investing.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

Rax is distributed by VanEck Securities Corporation Distributor.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

How do you think about the social end of buildings when you're given a particular project?

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

So I know that you often do public buildings, and I imagine that you are in dialogue with cities and states around the world when you're doing those.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

But when you're given a private assignment, such as a JP Morgan building or a Bloomberg office, how do you think about the public good aspect of design?

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

Why do you think certain countries, and you brought up the UK there, but you could possibly say the same for the US as well, why do you think certain countries struggle with big infrastructure?

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

There's a mock-up right behind you.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

I had no idea.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

Yeah.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

That's fascinating.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

Since you brought up rationing,

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

How do budgets work for buildings?

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

If I'm a client of Foster and Partners, One Can Dream, and I come to you and I say, I want to build a building, do I present you with a particular figure or a range, or do you study my needs and then you come back with a suggested budget?

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

You know, you mentioned productivity earlier, and this is slightly tangential to architecture, but I would be very curious to get your thoughts.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

We've seen productivity gains in virtually every industry on earth in recent decades, except famously the construction industry.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

In the US, construction has lagged behind in terms of productivity.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

I'm pretty sure it's a similar story in the UK and perhaps some other countries around the world.

Odd Lots
Architect Norman Foster on Why the West Struggles to Build Big

Do you have a theory for why that is?