Norman Macrae -The Economist pro-youth economist -bravo sir fazle abed & jack ma
Edward Roberts- 800/1 leaders of 2010s -youth's most productive generation
FREEMARKET Role - Nummber 1 Job Creating Collaboration Network
What would world miss without Edward Roberts?
This question is practically the same as what would the world miss without MIT? Youth around the world would miss open collaboration, innovations that advance the human lot and the world's number 1 job creating alumni network.So economic is MIT that only 10 nations with all their resource aggregation rank higher in generating jobs.
Unlike many other academics responsible for entrepreneur centres at business schools, Roberts recommended that each MIT practice area developed its own movements of entrepreneurship. One way you can see how this has evolved is how many different practice labs run their own entrepreneur competitions annually as well as joint competitions.
360 Degree Capital
Meanwhile Edward has been working on making sure that particular ideology of capital gets first pick at the competition winners. Since there is a fine tradition at MIT to explore your deepest practice area for lifelong pursuit, so many venture capitalists who prioritise asking entrepreneurs to focus on monetisation exit plans are asked to do their deals across the pond in Harvard -not to pollute the MIT spirit of entrepreneurs-for-humanity
While MIT has for over a dozen years led worldwide virtual sharing of educational curricula (open courseware) , Edward Roberts also coordinates the REAP program for those regions that want clusters of their universities to fully understand how the MIT job creating model is different from academia that do not value youth job creation as their main purpose. Its hilarious listening to the number of excuses university admins come up with for not fully clustering together- the hoary issue of letting a quasi-monopoly certify which of your country's youth has a productive future is, as Adam Smith predicted, a fast way to devalue a nation's future, ever more so in our post-industrial era of everyone's a brainworker
Note that while the world's future potential for youth spins around resources and apps of practical decision-making , leaders sustaining inter-generational impacts serve institutions not their own personal brand. Edward Roberts has been illustrating this for 4 decades linking in student innovation flows of each new MIT year with the sort of cross-disciplinary morphing that goes on when brains are energised to advance the future's possibilities not referee over boxing-in past precedents. It is fortunate that digital technologies 4 most world-shaping decades 80s 90s 00s 10s have seen MIT benefit from such mapmaking continuity as Roberts'
What youth collaboration challenges is Edward Roberts centre of
If ever Disney wished to build a 21st C EPCOT as expo of business, science and human futures, all it would really need to do is make a 2 square mile map around the entrepreneur centre at MIT. Expect to come up with 100 names that each need popularising with the layman's question of what the bleep are people working on that future doing
Note how many fusions of disciplines are involved - arguably that open architecture dynamics is what all the future's most productive webs are quite largely about. Though we refer you to Rochon's celebration that an app's value multipliers depend most on how deeply turns society's life critical needs into living labs.
As people at MIT like to say the 10s are the decade when Moores Law moves on from doubling the power of silicon annually to doubling the microfranchise reach of life's most critical apps.
STOP FIDDLING WHILE ATHEN BURNS
Invoking austerity just as the post-industrial revolution could be collaboratively accessed by youth everywhere is the least economic stricture imaginable- and the one whose terrifying compound risks every mathematician since Einstein has begged big decision-makers to prevent. Such conceit would fatally destroy more and more communities capacity to develop families as the fundamental entrepreneurial molecule of everything human lifetimes multiply positive impacts around.
Norman Macrae Foundation www.yclub100.comnext actions
Help us produce a guide to what to explore at MIT here
Reread the simplest economics principles mapped in 1972 in The Economist's next 40 years
Principle 1 - no place can grow unless capital structures family savings so as to invest in that place's next generation's productivity
Advanced principle 1 - what triggered the world's industrial revolution starting out of the UK.
Note how the human races greatest potential leap forward started because there were no credit ratings agencies.
Dare we suggest that top-down billanthropists risk being blind to the greatest innovation in YouthWorldBanking. Award youth linking into MIT alumni networks with a new currency that can be mobilised through mobilising cashless banking. eg see cas of MPESA entrepreneur Nick Hughes
As Entrepreneurial Revolution debates rose out of The Economist -the idea that growing productivity in a borderless world does not depend on adding up Gross National Products can yet be the salvation of hi-trust economics. As Einstein proved, the only sciences worthy of the human race are those that innovate themselves by celebrating how to go more micro than they had ever mapped interactions before.