Curious minds often converge on the same idea.

Now what does that mean?

You're saying that the bottom line is more important than helping people.

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

THE ENVlRONMENT INFLUENCE

And some of that, in fact, is due to the fact that we've had an economic recession.

So did we recover the cylinder?

That is

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 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.

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.

And the same thing happens at the 50th percentile, around 80,000.

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.

Wait, what? Y'all were looking in my house?

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.

The Economy of Fear