NormanMacrae.net -Economist pro-youth economist -bravo sir fazle abed & jack ma
december 2019 : death of fazle abed - greatest hero of end poverty and women leading the first sustainability generation
hello 2020 - sadly covid is turning our era into that of the baby-zoomers - we expect nature will get exponentially more impatient-260 years into era of humans and machines adam smith scholars invite worldwide friends of livesmatter to glasgow cop26 nov 2021 as last best chance--
:here - you can download whole book and update language of humans artificial intel
Lets update 1984 NO)W with young visions like Greta
Curriculum of Entrepreneurial Revolution was started up in The Economist by father Norman Macrae 1 2 to debate 4 greatest ignorances that the rich'swestern world was starting the 4th quarter of the 20th century with.
Not understanding what failed system is identified with rural poverty -eg lack on infrastructures of electricity, educational-communications, running water and sanitation, roads and so time-sensitive supplies of life critical goods including basic nutrition infants need
Vested interests spinning societies to turning blind eye to slum and semi-urban povertyWorld Record Empowerment
Denial of our species biggest danger that 3 halves of the world - women, youth, poorest as yet have less than 10% voice in what futures compoundWorld Record Open Edu
.consider the first worldwide generation what open system mathematicians like Einstein and Von Neumann posed as the grand challenge of designing technologies of connectivity around a higher order system than constitutions rule over
|Help millennials end inconveniences of 20th C politicians & tv?
his greatest debates on youth futures start in 1972 when he saw students experimenting with digital networks:
|Norman Macrae last journalist mentored by Keynes, whose General Theory concluded 1) "increasingly economics rules the world" and 2) greatest risk to youth's productivity is elderly macroeconomists. Norman's 40 years of journalism at The Economist aimed to help net generation prevent ruin by economists by collaborating entrepreneurially in 10 times more productivity out of every community. On seeing 50 youth on a digital net in 1972, Norman coined term Entrepreneurial Revolution -2012 being 40th year of debates of www.erworld.tv|
Share optimistic determination of investing in next generation interacted by friends of The Economist’s Unacknowledged Giant with the founding fathers of digital media’s ecology!
ER The French word Entrepreneur "between take" originates in cutting off heads of royalty *the one per cent of late 1700s" for monopolising peoples' productive assets- let's agree more joyful ways of transferring assets for youth to be productive, how do we deal with over-government crisis identified in The Economist since 1978...? Political and other bureaucrats now control more of GDP by so-called western democracy than ever that of old priests, kings or communists. 2010s is the decade where changing .gov will determine sustainability of all our children's children
The Economist. Saturday, 22 January 1972. 2011-2012: 40th year: dialogue started with networks of The Economist in 1972: how to prevent macroeconomists collapsing global financial economy in 2012.
Norman Macrae nearly 4000 leaders @ The Economist. By tradition only surveys were signed. 1962, Norman's 14th year of 40 at The Economist saw his first survey "Consider Japan" signed. Next year: he led a team to USSR: survey forecast communism would die within a quarter of a century. Decade later 1972 survey" gave western economists a maximum of 40 years to prevent meltdown of global financial system; whence his joyful surveys on Entrepreneurial Revolutionmapped where leaders were redesigning the net generation's most productive futures - forecasting in 1975 the asian pacific worldwide century and journalising the first book of the internet's economic and social business media significance in 1984.
Norman Macrae's main books include:
1955 London Capital Market
1963 Sunshades in October
1984 with Chris Macrae The 2024 Report - aFuture History of The Net Generation to 2024 republished over next 2 years in many languages as 2025 Report or 2026 Report with a 1993 update in Swedish : Den Nye Vikingen - Sweden's Future 1995-2015
1992 John Von Neumann = Biography
plus Scenario chapters of Hackett's 3rd world war series aimed at military wanting to downsize themselves so that peace dividend is invested in net generation's borderless world
Radical Reaction : Advert to book compiling several early Hobarts from Institute of Economic Affairs
Consider Japan Part 1 - Survey by Norman Macrae
The Most Exciting Example
Consider Japan Part 2
Lessons for Developers?
Changing Russia - Survey led by Norman Macrae
Ad of Norman Macrae's Book Sunshades in October (no free reviews allowed of books by E-journaists)
No Christ on The Andes - What's Gone Wrong?
The German Lesson
The Risen Sun
The Risen Sun - II (The Import Balancing Trick)
Institute of Economic Affairs ()
Old France in a Hurry (Billions from Somewhere)
The Green Bay Tree - Survey of South Africa
Envoi (Why isn't there a bloody black revolution? And will there be one?)
The Neurotic Trillionaire (The Mormons Oust The Pugilists)
The Phoenix is Short-Sighted
The New Europe
The New Europe
Education & Courses
Britain's industrial backyard
A revealing yesterday
The next 40 years Because of widespread interest, the survey
No one quite like them
The people we have become
The people we have become
The socialist revolutionaries are at take-off point
After 10 years (The Economist changed editors The departing one, Alastair Burnet, on what we have been trying to do
The embarrassed heir
A garden is lovesome
Recessional for the second great empire?
America's third century
Ten green bottles
Towards the industrial archipelago
Bottom-up is best
Granulated Capitalism - a survey responding to ER
The coming entrepreneurial revolution
Big can be beautiful
Son of Buggins
Quiet flows the chart
Even more entrepreneurial
Britain and Europe
Tomorrow's workshop -
2 billion people - novel suggestions for East Asia
A miracle has been postponed
On a wing, a prayer and a string
Will we no' go back again?
The sleeping giant
The rules return
Towards a Keynesian Friedmanism
Coping stones (Walter Bagehot)
Survey of broken-down governments in English-speaking world
Too much government
Elephants can't be pink
The post-Confucian challenge
The decade for the third shock?
Pro-youth sub-editor of The Economist, Norman Macrae 1924-2010 Japan Order Rising Sun, UK CBE, teenage world war 2 navigator over modern-day Myanmar/Bangladesh (MAP7 sustainable world trade routes)
http://www.normanmacrae.net http://www.economistdiary.com Vote for who's www.worldrecordjobs.com who?AI Trillion times moore than 60's: Emperors & royals loveQ we peoples. Mobile who's sdg action webs do child, teacher & AI coder need to app? welcome to most exciting decade - to be or not to be that is the Q?
EconomistDiary Updates 2019 #BR1Japan-Korea-Taiwan-HK;; #BR0 Inside China: @BR2 Women India Subcontinent #BR6 AI USA - #BR5 Geneva, Luxembourg, Paris, Rome
Discuss how to help world record jiob creators under 30s alumni between now and Tokyo Olympics- clickpic
is unctad summit oct 21 geneva sustainability trade's best ever or what?!!
2018 welcome to 175 birthday of The Economist founded by James Wilson 1843 - we hope you will enjoy sampling valuetrue media and mapping - up to 1990 The Economist regularly surveyed peoples nations however scary their history to celebrate possible future trading win-wins of people and sustainability worldwide - we hope to see this joyful purpose of media return to BRI.school as every young person joins in asking whether their continents coastal belts and over land Roads/Grids are designed to sustain happy trades and livelihoods or the exact opposite - Little Sister Sustainability or Big Brother climate and human collapse?
These are the most exciting times to be alive - as parents decide whether to invest in youth and change children's education in time for them to help every community thrive. Where will World Record Jobs Creators turn up to celebrate millennials as the first sustainability generation- EconomistDiary.com -help search out event where leadership collaboration inspires changes to how everything is taught
download to one click through to every survey
update 2020...Shall we design markets for 10 billion, 3 bn or zero people?..
As people concerned by community and global media, this is our fast moving understanding of what partners in UN's great debate on sustainability goals (17 goals is a lot for one screen -more at EconomistRefugees.com) is about? we (eg 6 generations of diaspora scots mediating community health across 4 hemispheres) love to hear what you think the purpose of sustainability goals education is. rsvp firstname.lastname@example.org
Depending what languages and faiths you use, different origins to this debate can be found. The one my scottish diaspora family knows best started 175 years ago in 1843 around James Wilson. His first concern was whether it was possible to design markets so that 2 islands - britain and ireland- grew in peace. He founded The Economist in 1843 to host what became a 17 year debate during his life time. The results were mixed ..continued here
WHATS NOT POSSIBLE TO IMAGINEER AS FINTECH BANK FOR 2 BILLION POOREST BLOSSOM?
July 2018: breaking news from EconomistDiary, Norman Macrae Foundation partners with BRAC- Bangladesh's and girl empowerment's hub of WISE world's first education laureate to host futures roundtables of girls' fintech and edutech. October 1-7 sees our 3rd event following roundtables with Sir Fazle Abed and Kamal Quadir which were both kindly staged by the Japan Embassy in Dhaka, Though largely unacknowledged. dad , Norman Macrae, was awarded The Emperor's Order of the Rising Sun with Gold Bars for relentlessly arguing that essential to sustainability goals would be a return to people/family centric economics ; :Population-wise this would be led by the East especially the tenth of the world's young women living in China and Bangladesh. We aim to celebrate the recent fintech partnership between www.bkash.com of www.brac.tv and Jack Ma's Ant Finance of Alibaba -which is set to bank for empowering the poorest 2 billion on the planet. Moderating the week will be Ying Lowrey, Chinese academia's lead researcher of Ali Baba, featuring fresh news of the new global business school and all curricula celebrating SME value chain: (More on Professor Lowrey of Tsinghua.)
(3rd week of July_) Jack Ma was just invited by the UN's Guterres to lead a new panel on digital cooperation in every market : first report march 2019 ready for 100 nation's leaders of Belt Road Imagineering (EconomistDiary April 2019 Beijing BRI 2.0 host Xi Jinping).
On Dhaka's Road to Beijing, friends of BRAC and ALIRESEARCH hope to progress edutech connections -ref why Norman Macrae's Entrepreneurial Revolution demanded a sea-change in education if sustainability is to be all parents' gift to millennials livelihoods and joy of being universally connected. email@example.com washington dc 240 316 8157
BELT ROAD DIGITAL COOPERATION & SDG ECONOMIC ZONES
Jack Ma and Melinda Gates report due Spring 2019 in time for sustainability's top 100 national leaders to celebrate at the second BRI.school summit to be hosted by Xi Jinping Beijing May 2019
more at EconomistDiary.com which aims to celebrate formal meeting of national leaders eg over 65 national ledaers mapping beyond colonisation's world trade routes - next beijing may 2019, tokyo olympics summer 2020 - and informal collabioations next dhaka oct 1-7, 2018 - firstname.lastname@example.org
From The Economist 1976 Coming Entrepreneurial Revolution by Norman Macrae; celebrated across Italy with Romano Prodi - where are friends of small enterprise globalisation today? Norman died 2010- april 2017 Romano Prodi at Beijings ThinkinChina -Norman's 3 MVPs of Entrepreneurial Revolution
Sir Fazle Abed, BRAC Bangladesh, Chief Guest at Japan Embassy celebration of Macrae 2012
Muhammad Yunus, Chief Guest Norman;s last public birthday party St James, London, 2008
MAO: women lift the sky of half the world -
REALITY AND RHETORIC
Studies in the Economics of Development. By P. T. Bauer. 184 pp. Cambridge, Mass.: Harvard University Press. $15.
IN Hungary in the 1920's, when Thomas Balogh and Nicholas Kaldor were learning socialist
economics at the high school attached to Budapest University, the slightly younger Peter Bauer, born in 1915, was imbibing Adam Smithism in the Skola Pia down the road. All three Budapest youths grew up to become professors of economics at Britain's senior universities, and all are now members of the House of Lords.
Lord Balogh and Lord Kaldor were principal tax and microeconomic advisers to Harold Wilson's first Labor Administration in 1964-70; the City of London wailed it was being ravaged by Magyar hordes. Lord Bauer was the first professor of economics to be ennobled by Prime Minister Margaret Thatcher, who does not usually like professors of economics. ''Reality and Rhetoric'' is another (rather untidily updated) collection of his essays explaining how over-government stops poor countries from growing richer and why the only successful developers are the laissez-faire Singapores.
Most of his views are very unpopular with professional diplomats. He will not toady to third world governments, because his sympathy lies with their peoples, subjected to what he calls their despotism and kleptocracy. He regrets that international aid is maintaining African, Asian and Central American governments whose economic policies reduce their peoples' living standards by far more than international aid could ever raise them.
Thus, he says, the significant figures for Tanzania, the African country that has received the most aid, are not that its foreign aid in 1980 equaled 18.1 percent of its misreported national income but that it equaled 106.8 percent of its internal tax receipts and 152.8 percent of its export earnings. The money trickling to the people was insignificant compared with the extra tax revenues and foreign exchange put at the direct disposal of the authoritarian Tanzanian Government. During the 1970's, he says, that Government used its aid to collectivize agriculture and suppress private trading activity, with devastating effects on food and other production and distribution, helping to spread famine and uproot people from their homes. Yet President Julius Nyerere is one of the more saintly third world leaders, because he does not use his aid money to finance the heroin trade and does not give to his relations the lucrative import licenses his absurd internal economic policies require.
A similar cleanish record, except on political nepotism, is generally accorded the more democratic rulers of India, which is Asia's largest aid receiver. (In 1980, its aid equaled 1.6 percent of recorded gross national product, 16.8 percent of tax revenues and 31.2 percent of export receipts.) Yet during the 1970's, Lord Bauer points out, India used its aid to wage a war against Pakistan (another large aid recipient), build a nuclear bomb, forcibly sterilize many poor people and pursue extremely wasteful policies of import substitution and other economic controls. It also severely restricted inflows of capital, the shortage of which is the only economically logical ground for aid.
Lord Bauer does not overblame the politicans, who were serving their own self-interest in the normal way, but reserves his fury for professors of economics who have not looked at the now ample statistics of collectivism's perverse effects. His own studies show that ''commodity stabilization schemes'' do not stabilize prices but widen fluctuations in output (and probably in producers' total incomes). He also concludes that marketing boards and state cooperatives reduce the incomes of poor farmers and that computerized state planning in poor countries always has ludicrous results. Kleptocracies are the worst places in which to replace market signals by political decisions that provide more power, influence, jobs and money for civil servants, politicians and their wives. He says the culture of most of Asia and Africa has always been more authoritarian than the West's - thus less conducive to self-reliance, sustained curiosity and experiment - so it is wicked for Western economists to help extend the period of overgovernment that reinforces this disadvantage.
Free marketers who are more optimistic about third world development, including myself, believe that institutional aid should be continued through the International Monetary Fund and other lending agencies but be geared to the requirement that recipients end economic nonsenses. There is obviously no kindness in pumping more government-to- government aid money into countries whose main problems are inflation (stemming from excessive money supply), autocracy and overgovernment. But there does seem a case for not allowing balance-of-payments restraints to dictate excess restrictions in poor countries where a new entrepreneurism is struggling to breathe free. Lord Bauer opposes this view because he thinks that entrepreneurs who use cheap labor and whose activities appear to be profitable will generally get all of the rather little capital they need anyway.
Those who dispute this part of Lord Bauer's generally convincing judgment should read this book, but they may be deterred because the distinquished economist gets cross in such detail with discredited leftist academics of the 1950's and '60s. The eagle should not hunt flies.B