Agriculture is economy of the country.

The country's economy depends on agriculture.

(Laughter)

I don't have the same value as we have on selling collectively.

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

And macro economics is probably more guilty of it.

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.

The topics range from math

a latticework on which to hang your ideas.

Economics is the study of economic mechanisms.

So I started a farm in Missouri and learned about the economics of farming.

The bottom of the pyramid is benefiting hugely from technology.

What about religion, poverty, economics...?

And then you extract them out of the ground, and sell them on the open marketplace.

He studied economics at college.

So, then you have a proper grain of salt, so that you are always focused on the true intuition.

We can see that we can take this equation and it can apply to things in economics, or it can apply to things in finance or it can apply to things in computer science or logic or electrical engineering or anything accounting

It has one in three of its children living in poverty, and it's what is referred to as a rural ghetto.

COuld lead to more wealth, more, a larger pie for everyone.

We have this view of ourselves, of others.

But this does not apply the other way around.

Westerners own two thirds of its wealth.

Here's another one.

My employer an economist.

Here's a guy you all need to study.

Has he got any experience of farming?

So this is exactly what I did.

He is a great authority on economics.

He is a great authority on economics.

Instead, what we saw is a lot of people who cheat a little bit.

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

And they see a 20 bill.

And we call that M1.

Great.

He went to a college of agriculture.

The laws of nature are written in the language of calculus.

What I would like to see is idealism decoupled from all constraints.

Well there's a couple of ways to do it.

And we know that's a measurement error because it's messing up my data.

And the company contributed about 190 million dollars to the government coffers.

Principal industry farming.

The real question is, how can markets be developed in rural Africa to harness the power of innovation and entrepreneurship that we know exists?

I major in economics.