thks 260 years adam smith, 60 fazle abed & soros, 20 fei-fei li -Economist pro-youth economist -bravo sir fazle abed & jack ma

ER Threat 4 - the compound risk of economists, as monopoly designers of man's biggest systems, is to destroy youth futures- - read last 3 pages of Keynes General Theory to see problem from 1930s perspective then wonder how mch larger the risk as one generation irreversibly becomes more connected than separated scaling systems that rival nature's wholeplanet webs - roles of inet people Auerback (many of inet youtube interviews)..  Mehrling (first to mooc) Newsletter

Dear Friends and Colleagues:

In this short video George explains why he thinks prevailing economic theory needs to be totally rethought.

soros - economicsneeds to be rethoughtfrom the ground up

. more stunning inet videos:


soros video

soros sponsored inet (institute new economic thinking)

soros inet annual report attached 

which of the researcher soros associates with is radical enough to collaborate around his task and how do we get this out there on open education channels

economist mentioned in video lord adelle turner

economists mentioned in annual report


(members are also members of INET’s Board of Advisors)

Erik Berglöf

Chief Economist and Special Adviser to the President,

European Bank for Reconstruction and Development

Thomas Bernes

Executive Director, The Centre for International Governance Innovation

Robert Dugger

Managing Partner, Hanover Investment Group

William H. Janeway

Senior Advisor, Warburg Pincus

Paul Jenkins

Distinguished Fellow, The Centre for International

Governance Innovation

Anatole Kaletsky

Principal Economic Commentator,

Times of London

Chief Economist and Vice Chairman, GaveKal Dragonomics, Hong Kong

Drummond Pike

Founder, Tides

John Shattuck

President, Central European University

Board of Advisors

* Nobel Laureate

George Akerlof*

Koshland Professor of Economics, University of California, Berkeley

Markus K. Brunnermeier

Edwards S. Sanford Professor, Princeton University

Willem Buiter

Chief Economist, Citigroup

Bruce Caldwell

Professor of Economics, Duke University

Wendy Carlin

Professor of Economics, University College London

Paul Davidson

Editor, Journal of Post Keynesian Economics

Barry Eichengreen

Professor of Economics, University of California, Berkeley

Thomas Ferguson

Professor of Political Science, University of Massachusetts, Boston

Duncan Foley

Leo Model Professor, New School for Social Research

Roman Frydman

Professor of Economics, New York University

Ian Goldin

Director, Oxford Martin School, University of Oxford

Charles Goodhart

Professor Emeritus, London School of Economics

Andy Haldane

Executive Director of Financial Stability, Bank of England

James Heckman*

Professor of Economics, University of Chicago

David Hendry

Professor of Economics, University of Oxford

Simon Johnson

Ronald A. Kurtz Professor of Entrepreneurship,

MIT Sloan School of Management

John Kay


Financial Times

Richard Koo

Chief Economist, Nomura Research Institute

Axel Leijonhufvud

Professor of Economics, University of California, Los Angeles

Perry G. Mehrling

Professor of Economics, Barnard College, Columbia University

Zhu Min

Deputy Managing Director, International Monetary Fund

Sir James Mirrlees*

Professor Emeritus of Political Economy, University of Cambridge

Yaga Venugopal Reddy

Professor Emeritus, University of Hyderabad, and Former Governor,

Reserve Bank of India

Carmen Reinhart

Professor of Economics, University of Maryland

Hélène Rey

Demis Weatherstone Senior Fellow, Peterson Institute for

International Economics

Kenneth Rogo

Professor of Economics, Harvard University

Jerey D. Sachs

Director, The Earth Institute

Amartya Sen*

Lamont University Professor, Harvard University

Robert Skidelsky

Emeritus Professor of Political Economy, Warwick University

Andrew Michael Spence*

Professor of Economics, Stanford Business School

Joseph E. Stiglitz*

Professor of Economics, Columbia University

Andrés Velasco

Former Minister of Finance, Chile

William R. White

Former Chief Economist, Bank for International Settlements

Yu Yongding

Director, Institute of World Economy, Cass

INET Staff

Robert A. Johnson

, Executive Director

BJ Greenspan

, Chief of Sta

Lee Price

, Deputy Director of Research Programs

Nicholas Alpha

, Program Manager

Enno Schröder

, Manager of INET Online

Lynette Cruz

, Executive Assistant

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Perry G. Mehrling

                    Director of Education Programs       
                    Institute for New Economic Thinking       

Perry Mehrling is the Director of Education Programs for the Institute for New Economic Thinking.

Mehrling has been a professor of economics at Barnard College since 1987. He teaches courses on the economics of money and banking, the history of money and finance, and the financial dimensions of the U.S. retirement, health, and education systems. He also has held visiting positions at the MIT Sloan School of Management and Boston University.

Mehrling is the author of The New Lombard Street: How the Fed Became the Dealer of Last Resort, which was published by Princeton University Press in 2011, and Fischer Black and the Revolutionary Idea of Finance, which was published by John Wiley & Sons in 2005 and reissued in a revised paperback edition in 2012.

Mehrling received a bachelor’s degree from Harvard University, a master’s degree from the London School of Economics, and a Ph.D. from Harvard University.  

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Marshall Auerback has 28 years experience in the investment management business, serving as a global portfolio strategist for RAB Capital Plc, a UK-based fund management group with $2bn under management since 2003.  He also serves as a consultant to PIMCO, the world’s largest bond fund management group and a non-executivedirector of Pinetree Capital in Toronto, Ontario, Canada.  He is also a member of the Roosevelt Brain Trust and a contributor to

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John Robert Behrman holds a B.A. and M.A. from Rice University in Economics. His dissertation (1967) was on “Internationalization of Weapons System Acquisition”. “J.R.” is a Democratic State Executive Committeeman from Houston, Texas. He is retired from a career in government and public finance. Behrman was Judge-Alternate of the 2008 General Election in Harris County and is author of “The Texas (Energy + Economy) Plan”.


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how do humans design futures?-in the 2020s decade of the sdgs – this question has never had moore urgency. to be or not t be/ – ref to lessons of deming or keynes, or glasgow university alumni smith and 200 years of hi-trust economics mapmaking later fazle aded - we now know how-a man made system is defined by one goal uniting generations- a system multiplies connected peoples work and demands either accelerating progress to its goal or collapsing - sir fazle abed died dec 2020 - so who are his modt active scholars networks empowering youth with his knohow n- soros with jim kim paul farmer leon botstein and with particular contexts- girls village development and with ba-ki moon global climate adaptability where cop26 november will be a great chance to renuite with 260 years of adam smith and james watts purposes there is no point in connecting with system mentors unless you want to end poverty-specifically we interpret sdg 1 as meaning mext girl or boy born has fair chance at free happy an productive life as we seek to make any community a child is born into a thriving space to grow up between discover of new worlds in 1500 and 1945 systems got worse and worse on the goal eg processes like slavery emerged- and ultimately the world was designed around a handful of big empires and often only the most powerful men in those empires. 4 amazing human-tech systems were invented to start massive use by 1960 borlaug agriculture and related solutions every poorest village (2/3people still had no access to electricity) could action learn person to person- deming engineering whose goal was zero defects by helping workers humanize machines- this could even allowed thousands of small suppliers to be best at one part in machines assembled from all those parts) – although americans invented these solution asia most needed them and joyfully became world class at them- up to 2 billion people were helped to end poverty through sharing this knowhow- unlike consuming up things actionable knowhow multiplies value in use when it links through every community that needs it the other two technologies space and media and satellite telecoms, and digital analytic power looked promising- by 1965 alumni of moore promised to multiply 100 fold efficiency of these core tech each decade to 2030- that would be a trillion tmes moore than was needed to land on the moon in 1960s. you might think this tech could improve race to end poverty- and initially it did but by 1990 it was designed around the long term goal of making 10 men richer than 40% poorest- these men also got involved in complex vested interests so that the vast majority of politicians in brussels and dc backed the big get bigger - often they used fake media to hide what they were doing to climate and other stuff that a world trebling in population size d\from 1945 to 2030 also needed to map. so the good and bad news is we the people need to reapply all techs where they are only serving rich men and politicians od every party who have taken us to the brink of ending our species- these are the most exciting times to be alive - we the 3 generations children parents grandparents have until 2030 to design new system orbits gravitated around goal 1 and navigating the un's other 17 goals do you want to help/ 8 cities we spend most time helping students exchange sustainability solutions 2018-2019 BR0 Beijing Hangzhou: BR6 Geneva, Luxembourg, BR2 Dhaka, Delhi, BR1 Tokyo, Seoul

Map with Belt Road Imagineers :where do you want to partner in sustaining world

Our search for top 50 World Record Jobs Creators begins with E1 Xi Jinping - World's Number 1 Job Creator - Peoples Global2.0 

Girls world maps begin at B01 Bangladesh economical miracle of 15 million poorest village mothers grasssroots networking -good news reporting with and and


online library of norman macrae--


correspondence welcomed on 50 year curriculum of Entrepreneurial Revolution and net generation as most productive time to be alive -

MA1 AliBaba TaoBao

Ma 2 Ali Financial

Ma10.1 DT and ODPS

health catalogue; energy catalogue

Keynes: 2025now - jobs Creating Gen


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A01 BRAC health system,

A02 BRAC education system,

A03 BRAC banking system

K01 Twin Health System - Haiti& Boston

K02 Twin YouthWorldBanking: Haiti& Bkash (BRAC)

K03 Twin Open Society : Budapest-Rome - Economists and Peace Champions

A04 Africa & Asia's 5 Billion Peoples eleraning satellite Yazmi

A05 Triplet Open Apps Media Labs of Ethiopia and MIT and Ma-Lee (worldwide China)

Job creation case Y01 Foundation of Grameen Bank- good news in association with
Ma 10,2 grameen inteldt

Ma 10.3 IHUB/Usha Kenya DT

Ma 10.4 Kenya nanocredit

Ma 10.5 MIT top ten mobile app labs of open tech

Ma 10.6 berners lee www

KMAS1 Kimchoices KMAS1.1 Ki-Moon KMAS1.2 Sun F Yang Lan

W4E1 telecentres for girls jobs

W4E2 womens nanocredit










MEDIALABNegropronte > Yazmi


AFM00 Samara and AfricaStar and Yazmi
AFM10 IHUB/Ushahidi
AFM11 MIT Media Lab Africa
AFM12 MIT D-lab and Abdul Latif with Toyota
AFM121 Polak last mile multinationals africa –eg green energy and clean water distrib
AFM13 Ibrahim Foundation
AFM14 Africa24tv
TB1 Free University and Jobs Schools
TB11 Open Learning Campus Africa
AFM15 Young Africa Society –world bank ypa milennials’ goals 2.1
AFM2 Jamii Bora –end slums youth banking and partner labs
TB20 Primary financial literacy curriculum – eg Afaatoun out of Orphanages
AFM21 Bridges primary schools
TB21 Love of self- empowerment curriculum – eg Maharishi (TB1)
TB22 Coding curricula from primary up
AFM31 Kiva Africa
AFM32 Acumen
AFM33 BRAC African Girl Jobs-creating banking
AFM34 Eagri-Africa
AFM35 African health millennials www –and PIH Rwanda, Free Nursing College Africa
AFM36 Mara Foundation
AFM5 Nanocredit
AFM6 USADBC - diaspora association benchmarking african food security value chains
AFM61 –diaspora multi-country celebrations eg AfricaTip (AgeTip)
AFM612 Makerfaireafrica
BOM1 berners lee
BOM2 mit every students an entrepreneur
BOM21 MIT100k
BOM3 mit media lab -open source wizard entrepreneurs and new commons
BOM30 Negroponte $100 Laptop
BOM31 Joi Ito
BOM32 reclaim our learning
BOM4 MIT open education movement
BOM5 Legatum
BO51 Legatum millennials and fans
BOM52 networks of cashless banking technolgists
BOM53 innovations journal
BOM6 partners in health/brigham womens hospital
BOM61 value chain networks club inspired by pih and world bank millenials
BOM62 ypchronic
BOM64 Haiti training hospital - connector of neraly free nursing college
BOSF1 Kiva and puddle
BOSF2 Khan Academy
BOSF3 Coursera segment interested in Open Learning Campus

communications and community banking links series 1 and 2

Out of The Economist since 1972 Macrae's viewpoint Entrepreneurial Revolution argues that the net generation can make tremendous human progress if and only if educators, economists and all who make the biggest resource integrate youth job creating into the way their worldwide purpose and impact is valued join in ... 43rd Entrepreneurial Revolution Youth Networks Celebration..

job creation survey

discuss valuation video

Norman Macrae Foundation


Wash DC tel 1 301 881 1655




For how many of The Economist's first 175 years was it the most effective mediator of sustainability exponentials of humanity all over the planet


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hottest youth-spring question of our life and times-can online education end youth unemployment for ever ? yes but only if you help map how!

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 The Economist- when first seeing youth experiment with digital networks in 1972,

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Dad (Norman Macrae) created the genre Entrepreneurial Revolution  to debate how to make the net generation the most productive and collaborative . We had first participated in computer assisted learning experiments in 1972. Welcome to more than 40 years of linking pro-youth economics networks- debating can the internet be the smartest media our species has ever collaborated around?

Foundation Norman Macrae- The Economist's Pro-Youth Economist

5801 Nicholson Lane Suite 404 Rockville MD 20852   tel 301 881 1655 email

Main Project webs including as lead open education partner of mandela elders and branson

2013 = 170th Year of The Economist being Founded to End Hunger

2010s = Worldwide Youth's most productive and collaborative decade

 1972: Norman Macrae starts up Entrepreneurial Revolution debates in The Economist. Will we the peoples be in time to change 20th C largest system designs and make 2010s worldwide youth's most productive time? or will we go global in a way that ends sustainability of ever more villages/communities? Drayton was inspired by this genre to coin social entrepreneur in 1978 ,,continue the futures debate here

world favorite moocs-40th annual top 10 league table

  • 1) e-ME
  • 2) 8 week tour of grameen curriculum and uniting human race to poverty museums
  • 3) 8 week tour of brac curriculum and mapping microeducation summit for post 2015 milennium goals

send votes to , Macrae Foundation

  • 4) 8 week tour of africa's free university and entrepreneurial slums
  • 5 what to do now for green energy to save the world in time
  • 6 nurses as 21st world's favorite information grassroots networkers and most economical cheerleaders more



  • 7 how food security as a mising curricululum of middle schools can co-create more jobs than any nation can dream of
  • 8 pro-youth economics and public servants
  • 9 celebrating china as number 1 creditor nation
  • 10 questions worldwide youth are asking about what was true last decade but false this decade because that's what living in the most innovative era means

archives at The Economist


Number 1 in Economics for Youth

The unacknowledged giantcelebrate unacknowledged giant

dannyboyle chrispatten butler-sloss marianowak tomhunter MYunusgeorgesoros bernerslee michael palin

Timeless ER from The Economist's Unacknowledged Giant (aka dad Norman Macrae) A  b  c ;;1997 a;;; 1983 a ;;;1976 a b;;; 1972 a ;;; 1962 a 1956 a - correspndence with optimistic rationalists always welcome -


from please help in 2 ways -nomination of collaboration 100; testify to world's largest public broadcasters such as BBCthat this survey needs their mediation now

Intercapital searches for replicable youth eonomic franchise



10 9 8 7 6 5 4 3 2 1 0

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