The greater an era of change the more the peoples need economists to work truly behind the scenes not go on television cultivating guru status from which it can be impossible to clarify why economist's views out to change depending on what's changed - example Through much of the 20th century my father Norman Macrae argued that oil prices were dangerously out of sync- sometimes too cheap, sometimes too expensive. He often met tv interviewers who complained : we thought that you supported the position that was just spiraling away from economic common sense. 

WHY ENERGY MATTERS TO HUMANS

New sources of energy are one of only 2 dynamics that have explained worldwide increase in the human lot but this fact always meant that peoples need to seize the moment of celebrating end of carbon energy with cleaner more abundant forms before our technologies compete on the sae global scale as nature's evolutionary rules for species survival

Unfortunately the need for machine energy is no longer separable fro need for human energy (clean food and water). So the failure to see the 1990s as the decade of celebrating clean energy jobs out of every community - as per father's 1984 book was one of the great anti-youth economic crises ever to have been spun.

For More see

Valuing The Economist

Keynes said that knowingly or unknowingly, economists design the futures the next generation get. For how many years of The Economist's first 175 year did The Economist accepted this responsibility as paramount to severely examine the transparency of nations' biggest decision makers?..

extract

through human history- only 2 dynamics explain worldwide advance of the human lot - new energy abundancy and freer access to education- both of those opportunities could be mapped from the viewpoint of entrepreneurial revolution dialogues in The Economist starting 1972 as linking worldwide youth of 2010s - calling leaders whop believe that with economic models wholly valuing win-win-wins- 2010s can yet be youth's most productive and collaborative decade www.wholeplanet.tv

                Delete
<p> </p> <p align="left"><span class="font-size-1">How to Avert A Great Depression Through the Hungry 2010s?</span> <span class="font-size-1">Answer, By Making All Banking Very Much Cheaper</span></p>
<p align="left"><span class="font-size-1">This was <a href="http://www.erworld.tv/sitebuildercontent/sitebuilderfiles/considerb1.pdf" target="_blank">Norman Macrae's last article written in December 2008</a></span></p>
<p align="left"><span class="font-size-1">If banks in rich democracies had been</span> <span class="font-size-1">truly competitive</span> <span class="font-size-1">institutions, at least one of them somewhere would have seized</span> <span class="font-size-1">the main opportunity created by the</span> <span class="font-size-1">computer. This main</span> <span class="font-size-1">opportunity was to make all deposit-banking vastly cheaper than</span></p>
<p align="left"><span class="font-size-1">ever before. By this cheapening it should make such banking</span> <span class="font-size-1">hugely more profitable. Then further competition would search</span> <span class="font-size-1">for the cheapest ways to guide all the world's saving into the</span> <span class="font-size-1">most profitable (or otherwise most desirable) forms of capital</span></p>
<p align="left"><span class="font-size-1">investment, thus enriching all mankind.</span></p>
<p align="left"><span class="font-size-1">Instead, during 2008 the total losses of banks in rich democracies</span><span class="font-size-1">- in North America, West Europe and Japan - soared into trillions</span> <span class="font-size-1">of dollars. Fearful for their solvency, these banks virtually stopped</span></p>
<p align="left"><span class="font-size-1">lending. The issuance of corporate bonds, commercial paper, and</span> <span class="font-size-1">many other financial products largely ceased. Hedge and</span> <span class="font-size-1">insurance firms also crashed. Mankind is thus threatened in the</span></p>
<p><span class="font-size-1">2010s with its longest great depression since the hungry 1930s.</span></p>
</td>
<td><p>.examples of key texts from 1972 to 2008</p>
<p>1972 Next 40 Years The Economist</p>
<p>1976 Survey of Entrepreneurial Revolution - The Next Capitalism</p>
<p>1984 -book 2024 Report Lets choose worldwide youth collaboration goals and hunt out 30000 microfranchises whose open society replication needs to be invest in before new millennium creating 3 billion jobs so the 21st c is the most productive and sustainable time to be alive</p>
<p>1993 What human beings can most simply learn -and practice - from Von Neumann father of computing and way above zeros sum mapping</p>
<p> </p>
</td>
</tr>
</tbody>
</table>" _setvalueurl="http://normanmacrae.ning.com/forum/comment/update?id=6339278%3AComment%3A15584">

.here is extract of key text for 2008's annual review of 10 green bottles of Entrepreneurial Revolution - the last year Norman Macrae was well enough to write the core text of ER's curricululm

 

How to Avert A Great Depression Through the Hungry 2010s? Answer, By Making All Banking Very Much Cheaper

This was Norman Macrae's last article written in December 2008

If banks in rich democracies had been truly competitive institutions, at least one of them somewhere would have seized the main opportunity created by the computer. This main opportunity was to make all deposit-banking vastly cheaper than

ever before. By this cheapening it should make such banking hugely more profitable. Then further competition would search for the cheapest ways to guide all the world's saving into the most profitable (or otherwise most desirable) forms of capital

investment, thus enriching all mankind.

Instead, during 2008 the total losses of banks in rich democracies- in North America, West Europe and Japan - soared into trillions of dollars. Fearful for their solvency, these banks virtually stopped

lending. The issuance of corporate bonds, commercial paper, and many other financial products largely ceased. Hedge and insurance firms also crashed. Mankind is thus threatened in the

2010s with its longest great depression since the hungry 1930s.

.examples of key texts from 1972 to 2008

1972 Next 40 Years The Economist

1976 Survey of Entrepreneurial Revolution - The Next Capitalism

1984 -book 2024 Report Lets choose worldwide youth collaboration goals and hunt out 30000 microfranchises whose open society replication needs to be invest in before new millennium creating 3 billion jobs so the 21st c is the most productive and sustainable time to be alive

1993 What human beings can most simply learn -and practice - from Von Neumann father of computing and way above zeros sum mapping

:

 

Views: 16

Reply to This

wash dc 1 301 881 1655

To join this ning please email

chris.macrae@yahoo.co.uk
Norman Macrae Foundation - The Economist's pro-youth economist


China
7 Beijing
1 Tao Bao
2 Changsha
3.1 Hangzhou
5 Chongqing 6 Shanghai
Belt Discussion

city discussion ..Tianjin Guangzhou, Shenzhen

2 vatican pope-climate -movie Itruth sequel


Where would you like to benchmark with world record job creation? China - Jinping or Ma - the greatest country to collaborate with on the most sustainability jobs 2016 to 2030 Bangladesh - Sir Fazle or Yunus the country with the most solutions for empowering women and ending systemic extremes of poverty Timely Tipping Point & Leapfrog Investment translators across hemispheres- Jim Kim or George Soros Berners Lee & Owen The greaters openers of space - real and virtual Scaling's most courageous innovators teaching has ever seen with or without help of western media and professional monopolies - Gandhi School, May, Rachel

to charter- back in the late 1980s a group of us started asking how can the world's greatest visions (1) in terms of advancing the human lot be organised so that everyone passionate about a goal can network around it

we welcome all practitioners and youthful learners to the compass of http://charter.ning.com/

 what's the biggest purpose you want to see networked during life time?


ER ECONOMICS & CHARTER help design futures peoples want most- we mobilise and app entrepreneurial economics principle of action futures now to invest in longer-term prosperity that win-win-win models compound

major innovation tools linked in by charter profession include - jobscompetitions; open space ; grounded theory of opinion research; collaboration cafe; collaboration city searches - example-

also 12 grades of practising email- and such k-12 methods as new zealand has liberated since 1984 at http://thelearningweb.net - for evolution of digital structures since 1984 see Gordon Dryden paperfor journal of pro-youth economics and social business

 

please note that CHARTER like most methods that Entrepreneurial Revolution fans have spent 40 years working on since The Economist first announced ER challenges: while there is a minimal process of facilitating charters- its contextual. Try one out -q1 who in the world will uniquely miss what if we fail on the most valuable www project we know of: namely how do find 5000 youth of net generation whose collaborations can sustain growth through global villages faster than 5000 big bankers/politicos can collapse communities

- video on this challenge televised by new york's bronx tv as follow up to yunus launch talk of youth economics 2008

related yout economics projects: help find 100 leaders who value view that 2010s can be youth's most productive decade ; help innovate audits of all trillion dolar markets- eg health, edu, nutrition, media for the purpose eoples want most


charter is a collaboration leadership tool developed by Macrae Family from late 80s with 2 particular perspectives:

an entreprenurial competence of media people is to help communities question and answer what futures people want most in the most transparent and cross-cultural ways

in reserach for von neumann's biography- we valued his question - in a networking age what tools will people who want to have a good impact on maximum numbers of people use given that they will probaly be asked to help with 50 projects at a time each of whose computing anyaltics will be getting faster nd faster

while charering was intended to be a communications tool for maxiising involveent in progressing a huge goal , it turned out that the most central question oof all chartering is also the most central question for all goodwill audits including those that:

celebrate transparency

modl sustainable growth (as well as risk of collapse) as needing audits of exponential impact which are already spinning the future depending n relationship investments already made

wish to see if abundancy economics odleing eg how knowledge multiolies value in use can be much more valuable than 20th c scarcity econoics caused by consuming up things

=================
like other tools that value open colaboration, anyone's quesstion can be valuable - note how a 9 year old asked the best question among over 1000 New yorkers at this january 2008 briefing

© 2017   Created by chris macrae.   Powered by

Report an Issue  |  Terms of Service