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

THE ENVlRONMENT INFLUENCE

So, here is the implication of the relationship between the worlds of crime, terror, and illegal economy, and our economy.

Now, I calculated how big was this international economic system composed by crime, terror, and illegal economy, before 9 11.

That is

U.S. Code 1111.

And when we talked about how would we measure the economic activity in this island right over here how would we measure its gross domestic product (GDP) we said, well, look, we could measure it in multiple different ways as it's leaving his hands, the dollars, and it's going to the firm, you could view it as a total expenditures, or as it's approaching the firm, that's the same thing as the total revenue for this firm.Total revenue for this firm, simplified one firm economy.

And the interesting thing about this is that these folks here who did it , are all economists, two from MlT, other from the university of Chicago, one at Cargenie meilon, ok?

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.

U.S. Code 2332A.

U.S. Code 2332B.

U.S. Code 1132A.

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

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.

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.

So we're bound with the laws of physics and the laws of economics.

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.

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.