a latticework on which to hang your ideas.

Make a decision and give me some blood.

The bottom of the pyramid is benefiting hugely from technology.

My employer an economist.

The man you are working for is not an economist.

Inin energy, and logistics, and finance.

And they see a 20 bill.

Here's a guy you all need to study.

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

Westerners own two thirds of its wealth.

Here's another one.

By that comparison, democracy looks very, very good in terms of economic growth.

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

And we call that M1.

They really cared about their monkey token dollar.

We all know little bits, but none of us knows the whole.

Here's the kind of questions that are becoming interesting questions for philosophers, for governing people, for economists, for scientists.

And macro economics is probably more guilty of it.

It matters because this is a democracy.

But we'll talk about that in future videos when we talk about hyperinflation.

So, this whole area is so fascinating.

Now, economists tend to (Applause)

(Laughter)

Is this really how people are?

Economics is the study of economic mechanisms.

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

Econometrics package

Von Mises, interestingly, believes economics is just a subset of psychology.

The topics range from math

That's the problem that I'm trying to solve.

That's a strange economic behavior.

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

It also means that he will be able to generate wealth.

And so we can look at a bunch of different variables.

And one of the things we wondered

But this does not apply the other way around.

And he used this following analogy.

It's time to get ready for it, and help contribute to it, and make it happen.

That's not the important point.

This has been replicated over and over and over again by psychologists, by sociologists, and by economists.

So, how much would this cost?

Economic conditions are in a state of flux.

What about religion, poverty, economics...?

They would certainly slow our recovery, and cost us hundreds of thousands of jobs.

I work often with designers and visual artists, obviously dancers and other choreographers, but also, more and more, with economists, anthropologists, neuroscientists, cognitive scientists, people really who come from very different domains of expertise, where they bring their intelligence to bear on a different kind of creative process.