But today, finally, after economic reforms, and economic growth,

And it's more than just foreign aid programmes.

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

THE ENVlRONMENT INFLUENCE

And then it will have what economists call external effects on a local economy.

In the 1980s, as America went through a transition in the Reagan period, between the rust belt economy of the midwest to the Silicon Valley economy of California, that was the end of America.

That is

Take any African economy.

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

A nice thing. If you haven't seen it yet, come and experience the Solidarity Economy.

And macro economics is probably more guilty of it.

With the Put Out system?

Let us take a look at the world situation today.

Economic development forum.

Inin energy, and logistics, and finance.

And given that projections are that the bulk of economic growth over the next 15 years will come from emerging economies in the developing world, it could easily overtake the United States and become the largest economy in the world.

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.

In the 1990s, North Korea lost its old mentor, the Soviet Union.

How much do you prefer a first born son?

The topics range from math

Simple economics.

No, I'm agreeing with you, but I went through all this with Walt.

a latticework on which to hang your ideas.

And we tend to fall in love with somebody from the same socioeconomic background, the same general level of intelligence, the same general level of good looks, the same religious values.

Economics is the study of economic mechanisms.

Then the other thing happened.

They wanted us to be concerned about social issues.

We were having negative per capita growth.

The lowest percentage of entrepreneurs starting businesses.

On paper the country was doing great.

Here's the overall picture.

Then the economy boom!

Well the economy, you know, so....

Economic meltdown.

This is not illegal stuff, this is basically business as usual, which causes climate changing emissions, which have an economic cost.

And the United States up there is getting for longer life, keeping family size.

Whether it's national economics, family economics, or personal economics, it's not something where sloppy accounting is good enough.

They connect people rather than dividing them.

It's done.

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

System D for the economy of self reliance, or the DlY economy.

Technology is a great equalizer. How do we make it work?

You can ask Mr. Gardiner. I've shown him all the pertinent financials.