And the market reformer was successful there.

Xia Gang is a Chinese euphemism for laid off .

And thirdly, changing from a fossil fuel economy to a solar economy.

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

We have this view of ourselves, of others.

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

And it's an idea that I think is very prevalent at these TED Talks, the idea that we can invent our way out of a profound economic and energy crisis, that a move to a knowledge economy can somehow neatly sidestep those energy constraints, the idea that we'll discover some fabulous new source of energy that will mean we can sweep all concerns about energy security to one side, the idea that we can step off neatly onto a completely renewable world.

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

THE ENVlRONMENT INFLUENCE

But even on the hard policy area we have innovations.

And we would help them adapt.

You show all these interconnections, all these interrelations.

That is

Forming an information infrastructure, the real impact of the information highway is an expectation of new economic development due to a shift from a tangible hardware industry to brain oriented software industry.

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.

Demonstrated successes there led to a consensus for a move toward the market model for the entire economy.

So, this whole area is so fascinating.

Is this really how people are?

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.

Secondly, shifting from a linear, wasteful, polluting way of using resources to a closed loop model.

And what I discovered is this parallel reality, another international economic system, which runs parallel to our own, which has been created by arms organizations since the end of World War Il.

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

And the country that does this first will, in my view, leapfrog others in achieving a new economy even, an improved economy, an improved outlook.

Political, economic, social, even tourist stuff.

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.

What that means is that it's time to move to a new level of economic value.

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.