Gross National Product is not the same as Net National Product.

Gross national product is a nation's total output of goods and services as measured in monetary value.

Why don't we control for other factors?

Two trillion a year.

And as an economist, we can also look at that side of the story. These are people who are productive agents in the economy.

Just smart people moving bits. Different rules.

So the total assets were 5 billion in assets.

Gross national product is a nation's total output of goods and services during a given period of time as measured in monetary value.

The gross national product of our country is the second largest.

The GNP has been growing at a snail's pace.

I did some quick calculations.

I can't believe it.

That's the European average for new cars.

People, service, profit.

Now, I want you to just look really close up onto what's happened there.

No. Technology is not destiny.

And then I asked for verification.

But in any event, it's connectivity that leads to dependability.

But anyway, Vikram had entered the market, and now I calculated here aggregate capacity.

DOD has recommended that we deploy mobile teams to sweep the area for radioactive and biological signatures.

But if you look at that same index of health and social problems in relation to GNP per capita, gross national income, there's nothing there, no correlation anymore.

I delivered identical twins.

And that leads to a very powerful tool.

It's giving them access to affordable credit.

In proportion as our GNP increases, our living standards go up.

One of the viewers pointed out not incorrectly that one definition of return on asset so this whole video's going to be on return on asset that one definition of return on asset, and if you look it up on some of the finance sites or even some finance textbooks, they'll tell you it's net income over total assets.

We're not going to be able to do that.

What happens?

What they've realized is that if they can identify the traits on productivity and drought tolerance, they can produce 320 percent as much cocoa on 40 percent of the land.

So this box right here is GDP, so it's all the goods and services, essentially all the income, that we produce.

lived in Asia and they made more than half the world's product.

I'll do that in yellow.

So, no surprise, there's lots and lots of waste. What you want to do is improve productivity with which we use energy.

Powered by fossil fuel derived energy.

Sing to the farmers' rising yields

The bank is going to be able to fulfill its promise.

Production improves by becoming more automatic.

And as the World Bank recently noted, women are stuck in a productivity trap.

And we have these 4 billion of CDOs.

And he finished his talk with the phrase, that, The gross national product measures everything except that which makes life worthwhile.

It's worth 1.5 trillion dollars every year, and that's a vast amount of money, right?

The industrial age made us all rich.

What's the productivity per person?

Well written. By me.

If you have to work in spaces like that, carry headphones with you, with a soothing sound like birdsong.