We hear about them all the time.

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

(APPLAUSE)

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

In terms of price performance, that's a 40 to 50 percent deflation rate.

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.

Goldman Sachs has projected that China, the Chinese economy, will surpass that of the U.S. by 2027.

I major in economics.

I'm majoring in economics.

In fact, I think many people thought that I was a bit crazy.

Memory Game

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

Here's another one.

The topics range from math

Economics is the study of economic mechanisms.

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

And somehow it will all make sense.

THE ENVlRONMENT INFLUENCE

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

An economy that's surging.

We were a little impatient so we wanted to sort of speed things up a bit.

China recovered. Then they said,

The second thing is that the Chinese economy passes the U.S. economy in, let's say, 2030, which it may it, that will be a measure of total economic size, but not of per capita income won't tell you about the composition of the economy.

BRlC country means Brazil, Russia, India and China.

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

Then the other thing happened.

But independence is coming here.

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

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

And you know we have the tradition that younger generations support the elders financially, and taking care of them when they're sick.

That is

This is not pie in the sky this can be done.

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

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

I prefer that phrase System Administration.

The Economy of Fear

Jesus Christ, Larry! You're firing me?

Flooding the laotian market with counterfeit kip

Now lets say that the Federal Reserve is sitting over here, and for whatever reason, wants to stimulate the economy.

That's why I broke all the professional rules of conduct for an economist, and I wrote an economics book that you could read on a beach.

What they are doing is ruining the economy.

The strike affected the nation's economy.

The strike hindered the national economy.

Did you know that Ireland got 3 billion dollars in aid?

And macro economics is probably more guilty of it.