Microeconomics .. and those actors could be firms, could be people, it could be households.

We were having negative per capita growth.

I just want to share a little clip for you.

Have had technologies that would liberate the world from the slavery of our current

Creating our own program to solve problems, like fighting corruption,

Micro is that people, individual actors are acting out of their own self interest.

So, it's policy, top down .. 'top down' questions.

So high utilization of capacity, it leads to prices increasing.

And now Economics is frequently .. and when he makes a statement, he is actually making a mix of micro economic and macro economic statements.

And how does that .. does that affect prices and markets, and whatever else.

How much do you prefer a first born son?

The lowest percentage of entrepreneurs starting businesses.

Twice the number of cash transfer households started new economic activity compared to not cash households.

Autoreplace Macros

The Economy of Fear

Regardless of the outcome, the pure act of anticipation makes us happy.

Economic games. So what we do is we go into two areas.

We have this view of ourselves, of others.

So I am going to talk about exports and prices.

And once again important to keep in the back of one's mind, because especially relevant to macro economics, because in macro economics there is always all sorts of prediction about the state of the economy about what need to be done, about how long the recession will last, what will be the economic growth next year, what will inflation do ... and they often prove to be wrong.

Exploration is the engine that drives innovation.

When you explain change for example, economic growth economic growth is about change when you explain change, you use other things that have changed to explain change, rather than using the constant to explain change.

Economic conditions are in a state of flux.

For example, the study of quantum computation has provided a new and computational view point on quantum mechanics.

Well, charity became their answer.

(Laughter)

So, this whole area is so fascinating.

Is this really how people are?

The realities of this new machine age and the change in the economy are becoming more widely known.

The retail price index is a barometer of economic activity.

I'm with the Economic Aid Mission, on the medical side.

Chris Anderson While they're taking the podium away, just a quick question.

Stocks may rise and fall, economies may collapse, but the American farmer's always gonna need manure.

That country's economic situation changes from day to day.

THE ENVlRONMENT INFLUENCE

15 294.3 billion dollars divided by essentially the ratio between our deflator and the 100, divided by 1.025.

And when we talked about how would we measure the economic activity in this island right over here how would we measure its gross domestic product (GDP) we said, well, look, we could measure it in multiple different ways as it's leaving his hands, the dollars, and it's going to the firm, you could view it as a total expenditures, or as it's approaching the firm, that's the same thing as the total revenue for this firm.Total revenue for this firm, simplified one firm economy.

But it's saying that what we can do about it is very little, at a very high cost.

And we've heard a lot about how economies function.

I'm very, very much engaged in art history and 'mic mac', which is micro macroeconomics.

At Positive Money, we're working to get the people in charge to understand why our current money system is broken and how we can fix it.

Simple economics.

That is

Falk Zientz

So it's very very very important to take it all with a grain of salt, to remember that it's all based on some simplifying assumption.