fan 2013 year of MOOC & microeducationsummit & 170th birthday of The Economist
You don't compound a best for the world (1 2) purpose by aiming to get bigger. Sustainability crises all over the world start bottom-up in communities as Adam Smith first defined freedom around in 1758. Becoming biggest and best for the world is the inter-generational impact compounded by being most respecftful bottom-up and most collaborative for youth who love to open up life saving apps.
example of a live saving app targeted start of 1980s -25% of bangladeshi infants under 5 died
Ying and Yang Video of Sir Fazle Abed:
small may be beautiful but in bangaldesh (replicating to a) large scale is absolutely essential
The Economist via Keynes number 1 lesson on risk- Economists are only capable of designing 2 opposite outcomes; what 99% of parents want for their next generation out of every community, or what the biggest and most speculative sponsor
Schumacher - sustainability will depend on transparently mapping a 2 million global vilage economy - one which becomes borderless by ending externalisation of risk onto those who are already least (digitally) connected
Nation's evolution rules are bottom-up contextual and open. She is quite likely to decide man is the next dodo if we keep on designing banks that are too big to fail let alone too big to exist!
Examples of where dna to be bottom up and colaborative came from
BRAC innovated the first bottom-up ngo in disaster relief world by accident - when a very local cyclone and tsunami washed a way a million bangladesh's infrastorucure around sir fazle was all that was left standing - at that time he had just become Shell Oil's national leader. All the world's largest funers needed to partner with BRAC if they were to do any relief -let alone development - of a nation born with the least and emerging from yeras of civil war in which villagers were left the most disconnected peoples in the world of the 1970s.
are you a friend of bottom-up economics?
Bottom-up economics aims to free purpose of worldwide market sectors to integrate extremely affordable services needed by those who locally have the least or the least connections (eg illiterate, underclass, loss of cultural safety, at risk of digital divide ...)
Discuss - Adam Smith was a bottom-up economist; Keynes warning on wars between 2 opposite types of economists ruling the world (of man-made systems)
Discuss nature is a bottom-up system designer- how can any place every enjoy thriving non-crabon economy unless public servants advised by bottom-up economists
True or false - the purpose of entrepreneurs since word was coined circ 1800is botto-up and about freeing every person to enjoy a happily productive lifetime
Pro-Youth Economics Checklist -if you wish more detailed references in The Economist to the following principles please coorespond with email@example.com
Keynes: The elderly economist poses the greatest risk to the future of youth. This is because:
Mediating Revolutionary Goals -eg Wilson, Sniith
Future History principles at The Economist since 1950s
Never muddle principles of saving economics with balance of payments. Place can only grow if capital structures family savings as intergenerational investment in productivity of next generation out of every community
The world wars of 20th c saw economists make short-term fixes to currency and other macroeconomic tools that need to be reformed before the first net generation integrates every locality into a global world. Next television and its advertising spots saw the end of economical public servants
A catch 22 is the more social the consequence of a market (eg education, health) the less effective soundbiting politicians are at running it. Hence we need newly empowering models of privatisation
Note values that industrial age economics has never directly counted - eg renewability of resources, peace , family's work in developing children. The future's greatest opportunity is to start counting them; its greatest risk is not to
The only resources to afford planetwide quantum leap in human progress are cleaner energy, technology empowering smarter education (for lifetime productivity) for all
World War 2 caused USA to start spending about 20% more of its GDP or arms and military. The opportunity to reverse this as soon as te soviet union collapses must be seized if USA is to be as positive economic player in start of 21st century as it was in start of 20th century.
62 & 75 Nowithstanding this, Asia Pacific region is where the most massively underemployed populations have been locate to middle of 20th century. Everyone should celebrate 1976-2075 as Asia-Pacific Worldwide century.
Entrepreneurial Revolution principles at The Economist since 1972
76 Sustainability of net generation is not achievable by 20th c largest organisational typologies. The required innovation search is the most exciting and urgent challenge to economics
82 Urgent search needed for multiwin models:of value exchange (model of productive and demanding relationships gravitated by a markets purpose"
84 Replace scarcity economics of thing production by abundancy economics of knowhow multiplying value in use.
76 Celebrate million times more collaboration technology by 2010s than when man raced to moon in 1960s
84 Borderless economics requites zero tolerance of externalisation economics even as all biggest professions of 20th c made money by externalising advice
84 Sustainability's key metric spins exponentially into the future. Localities provide advance warnings of planetwide collapse in sustainability
84 The start of the 21st century offers a chance to invest in youth being 10 times more productive everywhere. A nation's future should not be rated on how much debt its elders have got into but how fit its investment in knowledge-age youth productivity are. This should not be thought of as a zero-sum game. In fact, the greatest risk to man at start of century 21 will be seen to be discrepancies in incomes and expectations of such and poor nations. Uniting human race around inversing in youth co-producing millennium goals is core.