We studied the government's economic policy.

The government is reluctant to alter its economic policy.

Why?

What I would like to see is idealism decoupled from all constraints.

The government's economic policy is credited for Japan's postwar economic success.

In other words at some point when we've recovered we go up to the peak.

Although the government refuses to admit it, its economic policy is in ruins.

This is an Oxford trained economist steeped in humanistic values, and yet he agrees with the high pressure tactics of Shanghai.

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

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

The fiscal austerity may lead to an overkill of the economy.

We need something different.

And macro economics is probably more guilty of it.

It takes data and turns it into information that we the people can use to make decisions.

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

a latticework on which to hang your ideas.

Tax cuts are often used as a major fiscal tool to stimulate the economy.

Economics is the study of economic mechanisms.

Unemployment going up and fear going up makes people stop spending even more.

Our highest institution in our country was perverted.

At least not on the economics of politics.

That can't keep going on, because economic incentives and disincentives are very powerful.

Descriptive Statistics. As it's said in the first lecture, most introductory

The bottom of the pyramid is benefiting hugely from technology.

What about religion, poverty, economics...?

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

He studied economics at college.

The scholar is an authority on fiscal policy.

We can see that we can take this equation and it can apply to things in economics, or it can apply to things in finance or it can apply to things in computer science or logic or electrical engineering or anything accounting

Japan's changing economic policy is tied up with the labor shortage.

With more support, this transformation can be even better and deeper.

COuld lead to more wealth, more, a larger pie for everyone.

We have this view of ourselves, of others.

But this does not apply the other way around.

Westerners own two thirds of its wealth.

Here's another one.

My employer an economist.

Here's a guy you all need to study.

One is it's got to do economic reform, not fuss about the political constitution.

The economy is deeply connected to politics.

And the company contributed about 190 million dollars to the government coffers.

It's the only profession where you have to believe in the future.