womb before he stretches out a tiny clasping hand, and from that time forth he will constantly stretch out to touch the world that lies about him and the folk that dwell therein. The purpose of our growth in life is to bring us into unity with the universe into which we are born, to make us aware that we are not lonely individual meteors hurtling blindly through an abysmal dark, but living parts of a living whole. As we grow we learn to love more and more: first ourselves; then the family within the small kingdom of the home; then the school, the wider circle of friends, the home community, the college, and the still wider community of the nation; and finally, the greatest country of all, which has no boundaries this side of Hell, and perhaps not even there.
Boulding (1942) "The Practice of The Love of God", William Penn Lecture, delivered at Arch Street Meetinghouse, Philadelphia, 1942. In: Friends' Intelligencer, Vol. 99 p.231-261
The ultimate "causes of price" - to use a Classical term - lie deeply embedded in the psychology and techniques of mankind and his environment, and are as manifold as the sands of the sea. All economic analysis is an attempt to classify these manifold causes, to sort them out into categories of discourse that our limited minds can handle, and so to perceive the unity of structural relationship which both unites and separates the manifoldness. Our concepts of "demand" and "supply" are such broad categories. In whatever sense they are used, they are not ultimate determinants of anything, but they are convenient channels through which we can classify and describe the effects of the multitude of determinants of the system of economic magnitude.
Boulding (1944) "A Liquidity Preference Theory of Market Prices". In: Economica, New Series, Vol. 11, No. 42 (May, 1944), pp. 55-63.
C. Brown (2003) "Toward a reconcilement of endogenous money and liquidity preference" in: Journal of Post Keynesian Economics. Winter 2003–4, Vol. 26, No. 2. 323 commented on this article, saying: "Boulding (1944) argued that if liquidity preference were divorced from the "demand for money," the former could come into its own as a theory of financial asset pricing. According to this view, rising liquidity preference or a "wave of bearish sentiment" is manifest in a shift from certain asset categories, specifically, those that are characterized by high capital uncertainty (that is, uncertainty about the future value of the asset as a result of market revaluation) to assets such as commercial paper or giltedged securities."
The greater the penalties laid on sellers in the black market... the higher the black market price.
Boulding (1947) "A Note on the Theory of the Underground economy". In: The Canadian Journal of Economics and Political Science. Vol. 13 no.1, p. 117; quoted in: Michael York (2007) The Entrepreneurial Outlaw
Conventions of generality and mathematical elegance may be just as much barriers to the attainment and diffusion of knowledge as may contentment with particularity and literary vagueness... It may well be that the slovenly and literary borderland between economics and sociology will be the most fruitful building ground during the years to come and that mathematical economics will remain too flawless in its perfection to be very fruitful.
Boulding (1948) "Samuelson's Foundations: The Role of Mathematics in Economics," In: Journal of Political Economy, Vol 56 (June). as cited in: Peter J. Boettke (1998) "James M. Buchanan and the Rebirth of Political Economy". Boettke further explains "Boulding's words are even more telling today than they were then as we have seen the fruits of the formalist revolution in economic theory and how it has cut economics off from the social theoretic discourse on the human condition."
Economic Analysis, 1941
Source: Boulding (1941) Economic Analysis. Rev. ed.: 1947, 1948, 1971.
[This book] is intended as a text from which the student can learn and the [[teacher] can teach the methods and results of economic analysis. It also seeks to be a contribution to the development and systematization of the body of economic analysis itself. These purposes are not separate. The task of presenting a systematic, orderly, and accurate account of economic analysis is identical with the task of preparing the material for teaching. It must be emphasized, however, that the purpose of this work is not primarily to entertain the student, or to enable him to regurgitate appropriate material into examination books, or to learn a few pat phrases, or to indoctrinate him with an abstract discipline which he will never use. Economics is like photography in this respect, that under-exposure is less desirable than no exposure at all.
A distinguished economist, on being asked to define the subject matter of his science, once replied, "Economics is what economists do".- Boulding, 1941
Mathematicians themselves set up standards of generality and elegance in their exposition which are a bar to understand.- Boulding, 1941
We have defined the main task of economic analysis as the explanation of the magnitudes of economic quantities. The student will find also that the main part of this, as of most other works on the subject, is concerned with the theory of the determination of prices, wages, interest rates, incomes, and the like. He may well inquire, therefore, in the midst of so much mathematics, whether the first task of economics is not the investigation of wealth, or welfare. Some economists have endeavored to restrict the boundaries of the science to the investigation of those quantities which are numerically measurable. Well-being, under such a restriction, would not be part of economics at all.
Thus we seem to be on the verge of an expansion of welfare economics into something like a social science of ethics and politics: what was intended to be a mere porch to ethics is either the whole house or nothing at all. In so laying down its life welfare economics may be able to contribute some of its insights and analytical methods to a much broader evaluative analysis of the whole social process.
p.34. (rev. ed. 1948) cited in: J.P. Roos (1973) Welfare Theory and Social Policy: A Study in Policy Science - Nummer 4. p.102
[In this auction we may expect the article to be sold to] "the most eager buyer at a price which is just about the highest he is willing to pay, for in this case the most eager buyer does not know what prices the other buyers are willing to give [and] ... each buyer fear that someone may slip in ahead of him.
p.42 as cited in: Vernon L. Smith (1991) Papers in Experimental Economics. p.516
Mathematicians themselves set up standards of generality and elegance in their exposition which are a bar to understand.
p.236 (rev. ed. 1948) cited in: G.C. Harcourt, C. Sardoni (1992) On Political Economists and Modern Political Economy. Vol 4. p.197
[The consumer is] the supreme mover of economic order... for whom all goods are made and towards whom all economic activity is directed.
p.613 (rev. ed. 1948) as cited in: Andrew McMeekin (2002) Innovation by Demand. p.131
The process of consumption... is the final act in the economic drama
p.614 (rev. ed. 1948) as cited in: Andrew McMeekin (2002) Innovation by Demand. p.131
There is reason for this shift of emphasis from any actual price to a hypothetical 'equilibrium' price. It is usually more interesting to know where a train is going than to know exactly where it is at any moment. The 'equilibrium' position of any price, wage, firm, industry, or system is the position toward which it is tending. The importance of equilibrium analysis, then, is that it enables us to discuss the directions of change. If a train is in New- York and its 'equilibrium' position is in Chicago, we are reasonably confident that the general direction of its motion will be westward, even if it unaccountably decides to travel north for the first hundred and fifty miles.
p.637-638 (rev. ed. 1947); cited in Macroeconomische theorie ingeleid en voortgezet. Kluwer, 2006. p.3
The theory of the firm in the last ten Years, 1942
Source : Boulding (1942) "The theory of the firm in the last ten Years" in: The American Economic Review. Vol. 32, No. 4, Dec., 1942. p.791-802
It is probable that when future historians of economic thought look back over this century, the thirties will appear as an era of rapid development in economic theory. Not only has there been unusual activity in monetary theory, theory of value. but extensive transformations have also been made in the basic theory of value. The outstanding publications in this field are, of course, Joan Robinson's Theory of Imperfect Competition and Chamberlin's Theory of Monopolistic Competition, the first produced in Cambridge, England, and the second in Cambridge, Massachusetts. These volumes mark the explicit recognition of the theory of the firm as an integral division of economic analysis upon which rests the whole fabric of equilibrium theory. General equilibrium is nothing more than the problem of the interaction of individual economic organisms, under various conditions and assumptions; as a necessary preliminary to its solution, an adequate theory of the individual organism itself is necessary.
The discounting presumably is to be done for each period of time at that rate of interest which represents the alternative cost of employing capital in the occupation in question; that is, at the rate which the entrepreneur could obtain in other investments
p.793 cited in: Pedro Garcia Duarte (2010) "A Path through the Wilderness: Time Discounting in Growth Models"
[The theory of the firm] is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a ‘firm’ whose product is ‘utility’.
The use of isoquants to describe the production function did not develop to any great extent until the thirties.
p.800 cited in: P. Lloyd (2012) "The Discovery of the Isoquant - History of Political Economy"
The Economics of Peace, 1945
Source: Boulding (1945) The Economics of Peace. Prentice Hall.
The main key to the economics of the postwar world is a simple truism — that the rate of accumulation is equal to the rate of production less the rate of consumption. This is the "Bathtub Theorem." Production may be likened to the flow of water from the faucet, consumption to the flow down the drain. The difference between these two flows is the rate at which the water in the bathtub - the total stockpile of all goods - is accumulating.War drains the economic bathtub in a great waste of consumption. The first problem of reconstruction is to rebuild the stockpile. It can be rebuilt only by widening the gap between production and consumption, or, in the case of a single country, by importing more than is exported. It is difficult for a ravaged country to increase either its production or its net imports. Unless it can obtain outside help, therefore, it must suffer a drastic restriction of consumption. Frequently the only way consumption can be restricted is by inflation. Here, therefore, is the key to the most fundamental problems of reconstruction.
This concept of capital-rebuilding is so important that it may be desirable to digress for a moment. In the broadest sense of the word, capital means the sum total of the valuable things possessed by the individuals of a society, excluding "claims," that is, mere titles to property. The word is used to mean both the inventory of these valuable things; the houses, factories, machines, livestock, stocks of raw materials, and goods in all stages of completion; and also to mean the sum of the values of these things. It should generally be clear from the context which of these two meanings is intended.
Economic problems have no sharp edges. They shade off imperceptibly into politics, sociology, and ethics. Indeed, it is hardly an exaggeration to say that the ultimate answer to every economic problem lies in some other field.- Boulding, 1945
Reconstruction is merely a special case of economic progress. If we are to understand its problems thoroughly, we must examine what is meant by economic progress and try to discover how it comes about... Economic progress is not altogether easy to define and is even more difficult to measure. Nevertheless, the phrase clearly corresponds to a meaningful idea. We have only to contrast a savage society with our own. In a savage society, the same customs, the same techniques, the same ways of doing everything, from ploughing to praying, are maintained generation after generation, son following exactly in the footsteps of his father and daughter in the footsteps of her mother, without deviating an inch from the well-trodden way. In modern civilized society, on the other hand, there is constant change and flux; we are constantly improving on the methods of our ancestors, and indeed one of the surest ways to discredit anything is to call it "old-fashioned!"
The profit motive should not be confused with the profit system. By the profit system, of course, we mean the institution of private property in capital goods and the free private enterprise that goes along with it. There is no reason why the "profit motive" should be necessarily connected with the profit system. In a profit system there is nothing to prevent anyone acting on altruistic lines; there is no law that says a businessman must maximize his profits. If a businessman chose to operate with outputs, prices, and wages that yielded him a smaller profit than the maximum, but which he felt were socially more desirable, there is nothing in the profit system that would prevent him from doing this. Nothing in the profit system would prevent the most ardent liberal from refusing an increase in wages, or from accepting an unpleasant and poorly paid job. At the other extreme, there is nothing in a communist system that would do away with the profit motive, or the "advantage motive."
s are only free when their largest organisations valuetrue purposes aligned to exponentially sustaining the future (not serially crashing it). As of 2013 Banking, Energy, Food, Health, Education, Media, Fashion, Professionals, Public Servants, Charities ... are markets that are neither free in terms of sustaining net generation productivity nor planetary sustainability. This is something youth summits in the 2010s must urgently be celebrated for changing.
1 we need to know whether Glasgow or somewhere else is going to stage sir fazle abed celebration and opening of microeducation summit -what connects the two is making khan ac type labs everywhere available for youth to test out which 9 minute training modules millions can create jobs with - today khaa has launched 60 minutes of code
1a zasheem - all of us dont want to rely only on Atlanta- that's why we need Glasgow as a top 5 moral capital of twin job creating capitals -eg navneet with association or orphan owners who want to become job-creating communities, naila's womens empowerment networks which with Monica's can bot have massive and selected opinion leader reach of the sort that can end irresponsibility of fashion markets or irresponsibility of any market youth can mediate
2 the journal of new economics needs to unite all next capitalism movements - that was the explicit headline of dads 1976 survey of Entrepreneurial Revolution- having first used the term in his 1968 survey of what South Africa need- it is interesting that 10 years later soros claims his first philanthropy was black youths in cape town
3 please identify which youth want to twin with glasgow as one of the 5 most collaborative twin million jobs capitals- specifically how- does your niece want to do something that connects youth with leaderless economy and eg ending $ as reserve currency; does st andrews student want to continue youth linking in what he got prize for at world bank youth summit- what is it that robbie wants to connect through youth and between glasgow and edinburgh
once you have a few scottish youth answers we can then start making a list of eg paris or madrid youth, or polish or hungary
4 get momentum on 1-3 and we can ask any citizen capitalism chapter how they want to value the journal of new economics/capitalism
5 i suggest you edit above in under 1 page that mostofa can take it to lucknow and exchange views of whether there is anything lucknow wants to twin with glasgow- incidentally the school has been an incubator for the most relevant youth summits for at least 15 years now- it has used its classrooms for 50000 children to be off peak world summit hosts such as 13 annual world chief justice events and be a continuous contributor to president kalam's 2020 goal of youth must tear up any curriculum that is not sustainable- something that 9 minute khan labs make easy to viralise
a rough family tree of next capitalism
1976 defined in The Economist survey of 25 December as : the economic challenge replacing top-down and externalising systems of 20th c by bottom-up and open society systems: the youth challenge of revolution in open education; the cross-cultural sustainability challenges of borderless planet; the legal challenges of death of distance and mobilising open source tech
1984 net generation capitalism - defined round 3 billion new jobs and celebrating millenniums most humanly collaborative goals
c.1999 social capitalism defined by fast company as liberating citizens movement in every digitally linkedin capital; around the same time Lula in Brazil starts helping celebrations of world social summits- by the tome he becomes president he red-eyes overnight between world social and world economic summit converting schwab slowly from a PR host to something that has a bit more grounding particularly among the middle east leaders that his summit's trust uniquely depends on
c 2003 skoll uses sir fazle and muhammad yunus as trojan horses inside ashoka that never required its 3000 fellows to sustain business models- Yunus first rebrand social entrepreneurship social business entrepreneurship- by 2007 both future capitalism and conscious capitalism start to be talked about; by future capitalism yunus primarily means how to empower poorest villager networks to change aid and charity and philanthropy and taxes paid to government to solve and communally deliver social services when he strictly applies 100% social business capitalism- however when he trust a CEO market leader he relaxes the equity ownership rule of his model; by conscious caputalism mackey appears to mean what can ceos partner in celebraying with citizen chapters= to date both yunus and mackey use youth but havent shown intergatiion in open education processes in which youth are the action heroes…
launch UN start of 2013-2014 mashable summit - turned into change the world mooc- repeated typically end of each year (currently 2nd performance) - millennials alumni 50000+
Kim Transcripts Jim Kim 2030nowjimkim2transcripts.doc,
what open learning campus contents help millennials build #2030now
what other world bank processes link in (youth summit, tedx, selected world bank live webinars 1 2 3 ...)
what other dc-millennial world processes partner millennials valuation and 2030now
what other future capitals processes linkin 2030now (eg Dhaka as first to experiment with mobile partnerships with poorest villages and champion of millennial goal forums starting with microcreditsummit in 1997) or other back from future goal relate maps of millennial collaboration
Valuing Millennials: Alumni Webs - Who's Micro-up Who and How's Collaboration How
Samara, Khan elearning platforms ...
Ma and Lee
Health millennials boston and .
Peace-health millennials - tokyo, rome melbourne atlanta ...
Medicines sans frontieres and flying doctor models
Soros open society
Gorbachev and Rome
MIT and media lab (edu)
Coursera on demand -world bank OLC
Ihubs run by tech
Ma and Lee and MIT partners
Brac triple model
Grameen's pre digital model
Jamii Bora slum model
Mpesa and bkash models and MIT wizards
Kiva and puddle models
Partners of Nabard -Intel agribanks for poorest
Aflatoun financial literacy at primary
Global association of banks with values
Australia 10000 girls model
Identifying pro-youth banks of microfranchises - convergence of role of bank, uni and mobile
Nanocredit and woemn4empowerment
Currencies bottom up and intergenerational rising beyond borders - soros ineteconomics
N: Nutrition - food and water security
Alumni of Borlaug and Nippon Institute
Abed and chief crop science
Yunus most local nutrition- every bank branch with veg garden
Polak - Dlab from treadle pumps to bottom up multinationals including water angels1
Grameen Intel and other eagri partners
Ethiopian coop models of eg blessed coffee
Ethiopia fair commodity exchange
Aquaponics and locally processed nutrition- slow food celebrity chefs
Other superorganics of beyond carbon world
Water angels 2 eg bon agua networks round foz
E: Energy green and zero waste
Neville Williams and solar learning curves since carter
Alumni of Ray Anderson- almost any sector can profitably free itself from carbon energy in half a generation
Biogas ovens a billion
Solar a billion models yunus and
OT: Open Tech
Ma & Lee - webnow
Open Source Pracs
MT$: Trillion $ models of sustainability rising exponentials
30000 microfranchise - celebrate with public media
Debate whose purpose for each sector leads empower millennial livelihoods and sustainability most
Yunus and the jobs olympics model of 100% social busienss
51%+ social business partnerships
BRAC value chain redesign model
KIM value chain redesign model
Soros billionnaires who plant leapfrog models
Polak bottom up miltinational model
Ma redesign partners of internet can be so much bigger model
Continent-wide (or mother tongue) millennials modets and massive coopetitions
Open source, open everything models - how genome was open mapped Cambridge Uni
1 Definitions of millennials
I optimistically like to define #2030now round this search aligning social impact vision of Jim Kim and World Bank since 2012
I try to define millennials inclusively -primarily round 3 ideas:
professionals aged 25-40 in 2015 are potentially most educated, connected and sustainability collaborative the world has ever celebrated
those born from 1984 - ie either their they found their livelihoods started (age 16) in new millennium or both their education and livelihoods were born to be millennial. By millennial I mean principally 2 things- web or mobile connectivity changes everything you action or learn; there were some worldwide goals to navigate valuation of purpose of human race
elders (or anyone not included in 1,2) whose live by investment models or open technology designs which value millennials
-question 1 - if I havent included your scoping of millennials please comment
2 Examples of Millennials Who's Who
My peer groups and I are most passionate about exploring these mapping legends
Future Capitals being places with a world impacting institution that is supporting an exponentially rising valuation of millennials - examples DC has 2 cases I find most valuable to map - world bank since 2012, OAS since ; whereas Dhaka was the first capital to bring mobile connectivity to the villages in 1996 and its support of mocro0creditsummit from 1997 became one of the spaces that continuously debated millennium goals =which capitals do you continuously search through to linkin valuing millennials
Practice areas- eg health millennials as of 2015 are a benchmark practice area open social invitations to join them ( see alumni mentored by eg Kim , Farmer or Abed); also review how those with longest learning curve of mobilising end of digital divides repeatedly come back to health as a test practice. Open Learning campus millennials may be at one of the critical tipping points of the next 3 years- at least I hope so as I will be in university class of 2015-2018. In this regard Atlanta may be a key US player of Future Capitalism http://youthcreativelab.blogspot.com
By demographic cultures - such as gender (1 2 3) , faith, or national identity (note coming from scottish descendants a nation that mostly lives outside scotland- both resident and diaspora dynamics of national identity may inform mapping trust-flows)
Type of global social (or business or microfranchise) valuation model and how it transparently integrates valuation of millennials around compound impacts
Major conflict that everyone in the millennial network is connected to innovating systemically beyond
Question 2 -if I have excluded legend variables that matter to you -please discuss; otherwise lets get cataloguing (examples) who's millennials who
3 Has there been a particular moment when your or your family's future history was directly changed by exploring millennial possibilities. example my father's first job was with uk national development project in computer assisted learning 1972. This was anchored out of Leeds/Bradford - by then a relatively poor and multicultural part of the UK whose prime time had been during industrial revolution's early global markets for textiles. Three generations of our diaries questioning the coming entrepreneurial revolution of net generation have been continuously published since 1972
Question 3 - taking as long a view of intergeneration change as you can, which innovation issues do you prioritise as being next tipping points of #2030now?
....Yunus Future History -2014 sees us rationalising our journalism webs of pro-youth economics now that the freedom battles of friends of grameen (bank and trust) have been lost to the returning rule of Sheikh Hasina, worldwide friends of youth and yunus take on a different but ever more important collaboration role to friends of youth capitalism - eg tell us if you wish to join Atlanta in being a favorite future capital of Youth and Yunus... see also why did millennium goal world never engage with yunus on Cox's Bazar and other favorite projects of www.socialbusiness.tv
firstname.lastname@example.org washington dc 1 301 881 1655
Friends of Yunus is sponsored by Norman Macrae Family Foundation - The Economist's Unacknowledged Giant. 2013's primary goal in The Economist's 170th year of aiming to encourage the world to end hunger is to identify what MOOC (Massive Open Online Coures) would not have existed without the inspirational life experiences and peer networks stimulated by Nobel Laureate Muhammad Yunus. An outline of our 6 weeks introductory MOOC of Yunus is here.
Partners being sought to produce deeper curricula in each major market area that yunus has helped to free - ie end the chaining of poorest people. we welcome your feedback email@example.com washington dc hotline 1 301 881 1655
Our youth and journalists network developed the tag "Friends of Yunus" after 3 visits at start of 2010 when the ownership crisis of Grameen Bank started - on the one side yunus and the 8 million members coop, on the other side the government and lawyers of sheikh hasina. We have been broadening the curriculum now that millions of youth are invited byAtlanta to join in November 2015 celebrations of Yunus and other Nobel Laureates attempt to make Youth Job Creation Summits more valuable to sponsor and hos than the Olympics firstname.lastname@example.org www.socialbusiness.tv
Help us diarise the most friendly actions for Yunus (world leaders summaries 1 ) -examples
Sarkozi writes to Hasina inviting formation of G21 with Bangladesh but only if ideas of youth's favourite economist are included
Prodi writes to Hasina
Skoll interrupts schedule of social entrepreneur world championships to testify on behalf of yunus as 2010s most joyful economist and net generation's most exciting hi-trust entrepreneur
Princess Anne travels to Dhaka to celebrate "capping" of first alumni of the Grameen Caledonian Nursing college sponsored by the girl empowerment programs of Nike and Buffett famil
How do your friends most help mission of Muhammad Yunus =layesy action projects
Please provide any of following details: your name , pointy of contact, when and how first met yunus; any other short message on the joy of work with yunus
freedom of yunus as worldwide matter not internal on
The Obamas - Barack's mother was a pioneer of microcredit in Indonesia in 1980s
future integtrity of hi-trust microcredit
Queen Sofia of Spain - first visited Grameen villages in 1980s; number 1 continuoiu supporter of microcreditsummit from inaugural in 1997 to guest hosting world microcreditsummit of 2011
HRH the Grand Duchess of Luxembourg
Grameen Credit Agricole
Economist & Prime Minister India
Prime Minister France
Former PM Ireland; Ethical Global Initiative
Maria Nowak & Martin Hirsch
Former head of world bank
Former PM UK
Convenor First Global Social Business Lunch 2005
Former CEO Intel
http://www.singforhope.org artists peace corps
Milla Sunde & Tom Bevan
http://thegreenchildren.org first social business pop group and investors Grameen Eye Hospital
Sarah Butler-Sloss, Prince Charles, BBC's Paul Rose
Greeen Energy: http://ashdenawards.org
CEO WholeFoods and creator ofhttp://wholeplanetfoundation.org
Norman Macrae Deceased
The Economist's Unacknowledged Giant
yunus as genius economist any nation would be privileged to have as chief advisor to youth's moist exciting decade of jobg creation and sustainbility; mrach up to 500 coingressment sampled by results with Journal of Sociail Business
Over two thirds of US congress as at September 2010 - see eg http://www.grameeneconomics.com for 4 videos on motion demanding Dr Yunus speaks to congress in 2011
Giving obama advice on his future legacy - eg obama-clinton global initiative of SB in Africa
Hilary and Bill Clinton - started microcrredit in Arkansas around 1990 after being inspired by Yunus
NC Infotech solutions of yunus and finding mediators
Mostofa - leaflets as stimulus to youth research incluidng Entrepreneurial Bangaldesh celebration of 40th year and 2010s as Bangladesh's and worldwide youths most ctitical decade
Vivian Norris De Montaigu
To catch a dollar movie
Former founder fast Company; proposer of Yunus 2nd Nobel Prize for economics
Director Drucket Institute
A_D cataloguing first 100 youth sb franchises to be incubated out of 40 myplaces with SB funds from Big Society's dormant accounts and youth celebration out of every community in year prior to olympics as greatest celebration of queen elizabeth legacy to commonwealth and youth. Involvement of BBC wherever good news of ER is demonstrable.
riday, April 8, 2011
thanks who are the worlds 10 most exciting leaders of youth
"christopher macrae" <email@example.com>
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yes very good thanks- obviously dr yunus has a lot to do;
at some stage I would like if we could sit down with eg lamiya- look through the 3000 leaders list - and see if we can identify top 10 similar to eg sarah butler-sloss
its probably better we do that when you are there eg monday or tuesday but if I meet yunus on sunday I will try and verify permission-vision
this whole situation is so difficult but if there is a silver lining it is that yunus is now 10 times stronger amongst the worldwide decison-makers & owners of tech assets who know there is something very wrong with macro economics and the expoentail loss of sustainability and youth
THE Y10 & Youth's Largest Investment Fund
my recommendation find a way through teleconference or private leadership summit to demonstrate how extraordinary empowering of 2010s the 10 most trusted people can be if connected around yunus and investing in youth's most heroic goals (Yunus Time is Now Chapter) - anyhow that's my belief, and while dr yunus actioned entreprenurship more than anyone over the last 35 years I am not sure that entrepreneurship would be the word at the epicentre of "what economics do we want to spin 7 billion human livwes around" if it hadnt been microeconomics signature word at The Economist between 1843 and 1988 - which is also why I am confident that a survey of the big owners of The Economist could find that sarah isnt the only one in top 10 worldwide youth can trust most
we also need a plan that people can plug and play with over next 11 quarters
by quarter 11 we will know if we have all helped enough to return bangladesh to the most exciting nation for net generation to connect with the way it was when my dad died
during first 2 quarters the big event needs to be yunus at us congress -what is action learnt before and after not just the 60 minutes
quarter 3 is the last worldwide microcreditsummit at least in the current 15 year series
if sarah ,anne and others can get royal family involved in seeing their vision and yunus as synergetic, then quarters 4 and 5 can celebrate run up to olypics and also the last chance to save a collapsing europe by turning dormant bank accpunts into funds for social business stockmarkets (FOOTNOTE: see also my dads 1972 survey on the biggest crisis of the 40 years to 2012) - something of interest not only to every yunus supporter in uk but queen sofia, sarkozi, romano prodi and mary robinson - and probably other euro leaders
my dad's micro-eminence in japan remains strong enough to raise debate that they lead the green revolution sb stockmarket if advised by yunus
involving jack ma as fully as possible would be exciting
all of the above is like the start of a map- who would you linkin in to it first; obviously anyone who asks for yunsu help with youth in their region will also be asked to relentlessly think and act on how they can free bangaldeshi youth
THE ECONOMIST 1972: A revealing yesterday Business and Finance - A survey "The Next Forty Years"of Multinational Business in which Norman Macrae first argues how to free sustainbility of trillion dollar global market ny blending partnerships and the roles of exponential economics with that of goal-led future historians. He also starts a listing of macroeconomic short-term fixes prompted by world wars that need to be addressed if the world's entire financial system is not to collaspe in 2010s The Economist. Saturday, 22 January 1972. Pages s5-s8. Vol 242, issue 6700.
3:04 pm edt
st one contrasting example - see top21 people of 2014 youthare recommended to action learn with by friends of my family's work on moderating the entrepreneurial revolution curriculum started in The Economist in 1972
This is the wiki of the course (1st week of march 2014 corresponding to last week of first rendering of this course which had been billed as an opportunity to learn from the september 2013 social good summit new york)- would welcome doing a skype tour of it if anyone is concerned about where we can go next
How to Change the World: Home Page
How to put your stuff in this Wiki
Learn to edit this Wiki in 20 minutes
Additional resources supplied by students
Social Goods and Commons
On the Commons: A commons movement strategy center.
Poverty and Development
How The Economic Machine Works The best explanation of the economy that most people didn't understand.
Nobel Peace Prize Acceptance speech of Muhammad Yunus of Grameen.
When Helping Hurts: How to Alleviate Poverty Without Hurting the Po... by Steve Corbett and Brian Fikker
A Bed for the Night: Humanitarianism in Crisis by David Rieff
http://halfinten.org The Campaign to Cut Poverty in Half in Ten Years
#2030now -the social movement of end poverty of Jim Kim : World Bank and videos week 2
Who is Really Dependent upon Welfare, They're Wealthier Than You Think (http://www.upworthy.com/who-is-really-dependent-on-welfare-theyre-w...)
Climate change and sustainability
Greening Neighborhoods promotes, educates, and supports neighborhood efforts to conserve our natural resources, save money, and reduce dependency on nonrenewable resources
Ray Anderson, The business logic of sustainability TED Talk discussing the business logic of sustainability based on a case study of the company led by Mr Anderson, with a poetic reference to stewardship for the next generations.
important events in the history of climate change science
Tales of ice-bound wonderlands An amazing and emotional Paul Nicklen TED talk about what melting of ice will lead us to
Oceans are playing a very important role in absorbing carbon
The ocean environment is unquestionably linked to human life.
Energy University offered by the main global corporate partner of Energy Social Business of Muhammad Yunus
An October 25, 2012 article: Solar Energy Is Ready. The U.S. Isn't
solar panel installation: an experience
Dark Money Who funds climate change deniers?
How to talk to an ostrich Know any folks who stick their heads in the sand about climate change or clean energy? How about your skeptical brother-in-law, or know-it-all aunt? Here’s how you could answer if they try to speak ostrich to you!
Disease and Global Health Care
Before World Bank Jim Kim co-director with Paul Farmer of Partners in Health
book co-edited by Jim Kim on Reimagining Global Health
Women, Education and Social Change
Room to Read For people interested in education and literacy in developing and impoverished countries, check out Room to Read. Room to Read is doing great work for underprivileged children around the world and has already, in just 14 years, helped 8 million children become literate, given scholarships to over 18,000 girls, built over 2,000 libraries, and created over 450 schools. What they have accomplished is amazing, but with our help, they can do even more. Check them out at www.roomtoread.org. These guys know how to change the world!
Malala Yousafzai address to UN Youth Assembly Education activist Malala Yousafzai marks her 16th birthday, on Friday, 12 July 2013 at the United Nations by giving her first high-level public appearance and statement on the importance of education. Additional updates in a blog post here and in a video here.
Toolkits and other resources
Changing Habbits a tool for calculating your carbon footprint, based on several aspects of your daily life (eating, electricity use, commuting, traveling, etcetera)
Human-Centered Design Toolkit, for those who want to innovate for social good
OpenIDEO, a platform where people design solutions for social issues - challenged based innovation for social good, a global community designs solution to change the world. Solutions are open source, so for everybody to consider implementing. Issues covered include environment, poverty, sanitation, maternal health and much more.
Who are your favorite CTW linkins?
?Top 10 Youth Jobs Social Movement networks of Muhammad Yunus
Course Forums, Student Ideas & Projects
I set up 3 separate links below to organize information in this course that can't be effectively maintained by the Course Forums. What is missing a well-organized class notes from the video lectures. Is there any notes taker willing to put out his/her work?
Categories of the Discussion Forum threads
Repository of Ideas and Summaries of issues of concern
Student initiated Projects of Social Goods
To communicate any concern of this Wiki use this thread:
Please use this "new" wiki page to post your issues of concern
Events in cooperation with this course
Sookmyung Women's University(Seoul, Korea) uses this course as blen...
After This Course
A website for collaboration after this course
On Tuesday, March 11, Idealist will launch a new network—online and on the ground—that will help people everywhere connect and take action on any issue that concerns them, locally or globally, online and in person. For more info, and to sign up: http://www.idealist.org/March11
blog of youth jobs summits as a social movement please tell us if you can co-blog on behalf of any future youth summits
survey of youth creating jobs networks
documents on social movement of youth jobs summits
How to change the world
Billion Rural Advancement Collaboration
Investing in Millennials Goals and Collaboration Network...Just back from holiday in rome with my 17 year old daughter- 40 years of mistakes my family made in launching entrepreneurial revolution out of the economist and wi...
View on 2030now.blogspot.com
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new conversation friday
king has a new foodie friend in founder of union kitchen -there's implication that this "masterchef" jobs trainer might wish to team up if his knowhow can help locations building kitchens apperenticeships or cafes- I'm not sure how we could take dc platforms for food security and value chains to much more visible and colaborative stage than we have yet got respect for -maybe a F4F fashion 4 food security logo is whats missing -would eg a laura turner and Mpule K and Fazle Abed panel judge such a design contest
:laura turner" billion un women - Google SearchSearch Options Any time Past hour Past 24 hours Past week Past month Past year All results Verbatim About 56,600 results How My Step-Mom and Mother-in-Law Inspire Me - Global Moms ...
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Mpule K. KwelagobeSession Description The Role of Good Agricultural Practices in Supporting Food Security for Future Generations: Introducing the Declaration of Abu Dhabi
View on www.summit2014.org
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a student interning dc knows oregon's leading direct source cafe led by youhg people and would like to connect tebabu…
productive job creation and entrepreneurial revolution in The Economist in 1962
It is fitting that today's update also comes from The Economist
Japan's recovery Who needs leaders?
The aftermath of the March 11th disasters shows that Japan’s strengths lie outside Tokyo, in its regions
Jun 9th 2011 | MINAMISANRIKU AND TOKYO | from the print edition
THE earthquake, tsunami and nuclear accident that struck Japan three months ago have revealed something important about the country: a seam of strength and composure in the bedrock of society that has surprised even the Japanese themselves. Not only has this resilience helped the hundreds of thousands suffering from the loss of families, homes and livelihoods to cope with their suffering, despite the self-absorbed dithering of their national politicians in Tokyo. By reminding Japan of the hidden depths of its local communities, especially compared with the shallowness of central government, it has also provided a sense of how Japan could emerge stronger from the crisis, ending years of economic drift.
One of the most heroic examples of community spirit was 24-year-old Miki Endo, who used the loudspeaker system in Minamisanriku, a fishing port close to the focus of the 9.0 earthquake, to urge residents to do what they could to escape the incoming tsunami. She drowned at her post. Television footage shows the rising sea approaching, with her haunting voice echoing over the waves. More than 1,000 of the town’s 18,000 residents died.
Quieter examples of selflessness also abound. One fisherman tells of the four days he spent clearing the wreckage of his village, with no knowledge of the whereabouts of his eldest son. When his son eventually appeared, walking down off the mountain after a long cross-country trek to reach his parents, the two wiped tears from their eyes but did not say a word to each other. The son did not wish to disturb his father’s toil.
The quality and commitment of local leaders have been a revelation, so refreshing compared with the bickering politicians in the national Diet (parliament). Talk to mayors in the disaster-stricken areas and you get a sense of Wild Western true grit. Jin Sato, mayor of Minamisanriku, is one. He survived the tsunami by clinging to a fence on the top of a building as water washed over his head for three minutes. Since then he has worked all hours, sleeping in a cot in his office.
Another is Katsunobu Sakurai, mayor of Minamisoma, who in the heat of the crisis went on NHK, the national broadcaster, to berate the country’s authorities for failing to come to the aid of his town, which faced rising radiation levels from the nearby Fukushima Dai-ichi nuclear-power plant. After he posted an SOS video on YouTube, Time magazine made him one of its 100 most influential people of 2011. He has galvanised other mayors into speaking out more forcefully.
The more they do, the clearer it becomes that their communities are not just disaster-stricken; they are on the front-line of all of Japan’s most pressing problems, be they economic decline, ageing, debt, or depopulation. National leaders in Tokyo avoid tackling Japan’s huge fiscal problems, but municipal authorities have first-hand experience of the effects of shrinking budgets. Though some have recklessly inflated those problems through mismanagement, many others have become masters in the art of thrift.
In the past decade local governments have merged towns, reduced the number of schools and run welfare services on a shoestring. In the process the average size of municipalities in Japan has almost doubled from 36,000 people to 69,000.
Yet the small amount of revenue they raise compared with what they spend (local taxes provide about 40% of their income) means that they remain reliant on the central government which, deep in debt itself, has to spend about 60% of its money on local government. On top of this precarious situation, authorities in the disaster areas now face the vast challenge of rebuilding after a tragedy that left 24,000 people dead or unaccounted for, and 100,000 at least temporarily homeless. Even in the face of this horror, the sense of local pulling-together persists.
There are plenty who dwell on the downsides of this community spirit. Some executives (especially foreign ones) dismiss its effect on business as thinly disguised socialism; it puts the preservation of jobs above profit, and prevents companies going bust that would otherwise make room for new competitors. It can stifle innovation, because it discourages people from speaking out. And it sometimes edges towards xenophobia—though the only sign of this has been a few mutterings about “foreign looters” in disaster areas.
Above all, it remains deeply hierarchical; even in small groups people refrain from challenging their elders and superiors. Occasionally that deference is deserved: the elderly may play a valuable role in their communities. One statistic shows that 65% of those who drowned were over 60; anecdotally, it appears that a lot died with infant grandchildren in their arms. They were looking after them while the generation in between worked. That has shocked Tokyoites, who thought the extended family was long gone.
Over the past three months this strength in adversity in one of the country’s most under-reported regions has made people rethink their old conceptions about Japan’s geography. Tohoku, the region of northern Honshu where the disaster struck, is an unusual place and part of its resilience may be culturally specific. Its tight-knit, independent streak dates back centuries. More than 1,100 years ago, the last time a tsunami of such scale lashed its shores, its tribesmen were known by southerners as Emishi (insubordinate northerners). At that time, they had only recently been vanquished by the Yamato, which remains the dominant ethnic group.
But if Tohoku could prove so strong, perhaps other parts of the hinterland are equally so. The crisis revealed Japan’s blind spot about what goes on beyond the centre of power. For instance, Eisuke Sakakibara, a former finance mandarin once known as “Mr Yen” for his influence on currency markets, expressed astonishment at the number of parts suppliers in the disaster zone which could disrupt global supply chains. Some of those little-known firms, such as Renesas Electronics, whose tiny microcontrollers are vital for the car industry, are recovering fast—which will help the wheels of the global economy spin a bit more quickly. Yet among the Tokyo-centric elite, few knew how important these scattered firms were.
Because of such pockets of dynamism, the economic potential of Japan’s regions, from Hokkaido in the north to Kyushu in the south, is much larger than is often assumed. Areas that are viewed as ageing backwaters on fiscal life-support could justifiably claim to be economic entities in their own right—if they had more freedom to set their own policies and balance their books. Tohoku, for example, has a GDP the size of Argentina’s; Kyushu’s economy is the same as Norway’s (see map).
Yet until now they have remained peripheral to Tokyo, the engine room of the economy, and their fragile finances reflect that. A series of decentralising reforms since 1995 have failed to provide fiscal autonomy, nor has local government attracted a depth of talent to match its new responsibilities. There was a step forward last month when municipalities were given the chance to talk directly to the central government, without going through the usual prefectural channels. But the clamour is for more independence. Osaka and Nagoya, Japan’s second and third industrial hubs, are especially tired of playing second-fiddle to greater Tokyo; local leaders in both cities are trying to create bigger economic enclaves and new political parties.
The gap between capital and countryside—especially as seen from Tohoku—has grown starker in recent weeks, thanks to the antics within the government and the Diet. From the early days of the crisis it was not lost on many evacuees that few politicians had bothered to make the two-to-four hour journey by train from Tokyo to witness their plight first-hand. (By contrast, the 77-year-old Emperor Akihito and his wife Michiko have made frequent visits, bowing deeply before the victims.)
In Fukushima people have been infuriated by the apparently arbitrary way the government has set limits on the levels of radiation, which affect whether people are allowed to stay in their villages or not. Across the country there is dissatisfaction at the apparently arbitrary way the government has declared some foods safe from radiation, and others unsafe. And in the tsunami zone mayors say they badly need guidance, not just on how to rebuild their shattered towns, but also on how much money they will have to spend.
To many there was no starker demonstration of the out-of-touch arrogance of national politicians than on June 2nd when opponents of Naoto Kan, the prime minister, sought and failed to force him out of office, by way of a no-confidence motion in the lower house. In the disaster area mayors spoke out angrily at the way political gamesmanship was distracting from recovery efforts. “When someone is drowning, what’s important is not who rescues them, but how they are rescued,” complained Hideo Abe, mayor of Higashimatsushima, a damaged port.
Matters worsened when Mr Kan won a reprieve by promising to stand down, and then appeared hours later to backtrack on the timing. Three months after March 11th, his government has still not submitted a ¥10 trillion ($125 billion) emergency reconstruction budget, nor secured approval for funding mechanisms to pay for the annual budget. The opposition, which controls the upper house, is demanding that he goes as a condition for passing the finance requests, possibly as a prelude to forming a “grand coalition” with the ruling party.
Leaders who don’t lead
Amid such chaotic politics, some despair of their national leaders. “The brain is dead, but at least the rest of the body is functioning,” quips Yoichi Takamoto, a Kyushu-based entrepreneur and head of TMSUK, a robot manufacturer. But that does not necessarily mean that he or others despair for the country.
Seiichiro Yonekura, professor of innovation at Hitotsubashi University, notes that Japan has rarely had outstanding leaders during its modern history. Even in the post-war era only a few politicians had any charisma. Yet the country rebuilt Tokyo from the ashes of the second world war, and Hiroshima and Nagasaki from atomic destruction. Japan became the world’s second largest economy. If something of a similar magnitude is to be achieved again, good ideas are crucial. Then, like “ants in an anthill”, he predicts, Japanese society will get to work.
This sounds idealistic, but it would not be the first time a natural disaster has done more than shake the ground under Japan’s feet. An earthquake that levelled Tokyo (then called Edo) in 1855 loosely coincided with the beginning of the end of more than two centuries of feudal isolation; the Meiji imperial family was restored to power in 1868. Another in 1891 forced Japan to re-examine its Meiji-era love of all things Western; many of the European-style brick buildings it had used to replace its traditional wooden ones fell down. In 1923 the Great Kanto Earthquake helped set in motion a political crisis that ultimately led to militarism and the second world war.
Planning and money
Since the March disaster two overarching challenges have emerged that could, if tackled, have similarly far-reaching consequences (though without, one hopes, the belligerence). First, Japan has to come up with plans and finance for rebuilding the tsunami-wrecked towns so that they will not only suit the mostly elderly people who used to live there but will also be revitalised to attract the young.
Second, it needs to use the Fukushima disaster to rethink energy policy and decentralise decision-making in a way that could kick-start economic revival. Both issues profoundly challenge the tenets by which Japan has been ruled in recent decades. But if ever there were a moment for the country to break out of its centralised straitjacket, this is it.
Jun Iio, who heads the working group of the prime minister’s Reconstruction Design Council, says that some big bureaucratic hurdles have already been overcome which, he reckons, shows an unprecedented level of flexibility in the relevant ministries. One is planning. For the first time the Land Ministry and the Agricultural Ministry have agreed, as a result of the tsunami, to relax the rigid restrictions on the use of farm and urban land.
Mr Iio says this means that parts of the cities that were swept away by the floods can be reclassified as farmland. The plan is that the people who used to live there will be relocated by the government to apartments on higher ground. It is not yet clear how much they will be paid for their old houses. To help things along, the powerful Justice Ministry has agreed to be flexible on property rights.
But mayors such as Isoo Sasaki of Natori, a town whose port was washed away by the tsunami (he also lost his 140-year-old sake business), insist they should be able to tailor their rebuilding efforts to individual communities’ needs, rather than relying on a one-size-fits-all policy. He admits that during Japan’s bubble era in the 1980s, there were embarrassing local building initiatives that saddled towns with both debts and eyesores. But he believes municipalities have learned from their mistakes; indeed, a few pioneering planners have made great strides recently reviving their towns with old feudal-era ideas that encourage compact and sustainable living arrangements.
Then there is the question of money: the affected areas cannot possibly afford to rebuild themselves. And people are fearful that when the money is finally approved in parliament, it will come with strings tightly attached.
Yoshihiro Murai, governor of Miyagi, the most prosperous prefecture hit by the crisis, points out that this is a perennial problem. He says he has raised taxes twice, cut his staff and shed popular services to save money, yet the discretionary spending power of his office is still only 5-6% of the total budget. He believes one way to raise money would be to increase consumption tax, which people have said they would be prepared to tolerate in order to pay for the emergency. But the government, as yet, is only studying the issue. Perhaps one difference is that Mr Murai, who used to be a helicopter pilot in Miyagi and knows every inch of its coastline, appreciates much better than his central-government counterparts how badly the money is needed.
Nuclear or not
Responding to the nuclear disaster is even harder. Mr Kan had initially sought to stay in power until the Fukushima nuclear plant has stabilised its reactors and reached a state of “cold shutdown”. But the timetable for that may already have slipped into 2012, which is too distant for those trying to oust him.
Not only is Fukushima Dai-ichi’s owner, Tokyo Electric Power (TEPCO), struggling to keep the plant under control. It is also stretched by the demands for compensation from people whose livelihoods, at least for the time being, have been ruined by the disaster. The government has patched together a compensation scheme, but experts believe this may have been a sop to let the company’s book-keepers approve the end-of-year accounts. As fears of bankruptcy mount, TEPCO’s shares hit a new low on June 6th.
Tatsuo Hatta, an economist at Gakushuin University in Tokyo, believes TEPCO may have to sell off its power plants to international operators to remain solvent. That could set in motion what he and a few outspoken commentators consider a long overdue overhaul of the energy market in Japan, which could have an immense impact on national politics. He says that executives at TEPCO and the other oligopolistic electricity utilities have stifled argument about Japan’s nuclear-energy programme, both by pouring money into politics and by muffling the media through their huge advertising budgets.
Yet those anxious for change note approvingly that even on energy policy, power has now shifted slightly towards local and regional governments. Prefectural governors, including those who originally supported nuclear power, are having second thoughts. In some areas local authorities are expressing strong opposition to the restarting of nuclear reactors closed for maintenance; consequently, all but 19 of the nation’s 54 reactors are out of action.
Others, however, are weighing up costs and benefits, as they should. On June 5th a governor was re-elected in Aomori prefecture, on the northern tip of Honshu, who said he would keep its two nuclear-power plants provided an experts’ committee was set up that vouched for their safety. The prefecture is one of Japan’s poorest, which may be why it is prepared to strike a deal with the nuclear industry.
A future with wind
In a decentralised system different areas could take a different view of what forms of energy are best for them. Hokkaido, for example, could benefit from its proximity to Russia’s natural gas deposits off the eastern coast of Siberia. Okinawa in the south could benefit from solar power, because it has lots of sunshine. Wind could power the country’s mountainous areas. Places like Tokyo, with their vast needs, could use a variety of sources.
As for Tohoku, some believe that it should set the tone for a national energy policy that is increasingly self-reliant and efficient. Thus, its towns could be rebuilt to minimise electricity use and car traffic. The huge swathes of land destroyed by the tsunami or depopulated because of radiation could become wind, wave or solar farms. As for Fukushima itself, some wits say it could become a new home for the central government. Then again, perhaps it has already suffered enough.
5 Nutrition and clean water for all
4 Health accessible for all
3 Mediate and action network 21st c most collaborative goals (poverty museum race, and end joblessness) instead of 20th c warring ones
2 Professions for valuing youth's most sustainable purpose (multi-win business models) of every market sector in an open technology world
1 Banking services and currencies designed to facilitate peoples productive life time not trapping them in debt
..wiki-doc massive collaborations :
Diary of which 25000 youth can change the world
youth summit and world bank's im kim
Youth Capitalism -who' can help free youth from top 20 monopolies of old capitalism
Health Care Network Catalogue of Youth Capitalism
Asia Pacific Creative Commons
youth capitalism -way above zero sum models of netgen
World Summit 15 Nobel Peace Laureates
Chris Macrae | LinkedIn Job Creation Agent Norman Macrae Foundation pro-youth economics 7 education www.microeducatiosummit.com www.wholeplanet.tv firstname.lastname@example.org washington dc hotline 1 301 881 1655
Assembling Google Docs for Massive Open Online Collaboration
Washington D.C. Metro Area - MOOCyunus est skoll013 - to grow jobs, net generation
Full Amazon Links at http://www.amazon.com/Chris-Macrae/e/B000APOHHM
Main connections to Pro-youth economist Dr Muhammad Yunus
Our http://yunuscity.ning.com recommended links to Yunus Agents/Friends by region
USA Monica Yunus www.singforhope.org and John Macley www.wholeplanet.org and Craig Barrett
Kenya Ingrid Munro www.jamiibora.org
Brazil former President Bula
Egypt Mark Thornton
Japan Professor Okada, Kyushu
Switzerland Samantha Caccamo www.socialbusinessearth.org
France and continental Europe Frank Riboud www.danonecommunities.com
UK Sarah Butler-Sloss www.ashden.org Scotland Sir Tom Hunter
Hungary and Europe East George Soros
Singapore Jack Sim www.worldtoilet.org
Technology for womens empowerment Naila Chowdury www.women4empowerment.org
MIT Yunus Challenge
Film-makers Vivian Norris
who do recommend rsvp email@example.com
tact About Us
chris macraeWashington D.C., DC
Spend every free second on MOOC, new economics & mapping microfranchises - community solution designed to be replicated by & for the peoples across open networked communities. Since father's (Norman Macrae) death 2010, family foundation partners in reunions (eg London-Dkaka-Tokyo-Johannesburg) where pro-youth economists or open tech genii debate Entrepreneurial Revolution and Open Society Education economics - a genre my father shared in The Economist from 1972 -firstname.lastname@example.org
Find Me Here
My Profession's Most Needed Courses
Generating the Wealth of Nations
Apr 29th 2013
Economics of Money and Banking, Part One
New Models of Business in SocietySep 2nd 2013
My Curious Courses
Probabilistic Graphical Models -Koller can save the world ; wish she'd also star in one more easily accessible course - even though as an MA in statistics I think she's cool Apr 8th 2013
Introduction to Finance the introduction to this was so long-winded that I fell asleep over my laptop-pity cos there was something I wanted to learn Jun 3rd 2013
Think Again: How to Reason and Argue Aug 26th 2013
Learn to Program: The Fundamentals Aug 19th 2013 not the level I wanted to start at but cool if you decided to make your first ever programming experience python
Principles of Obesity Economics Date to be announced
Health for All Through Primary Health Care May 29th 2013
Community Change in Public Health Apr 22nd 2013
Computational Investing, Part I
Aug 26th 2013
Fundamentals of Online Education: Planning and Application
Date to be announced
Critical Thinking in Global Challenges
Jan 28th 2013
Introduction to Sustainability
Aug 26th 2013
Grow to Greatness: Smart Growth for Private Businesses, Part II Apr 29th 2013
Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship Jan 28th 2013 -it really bothers me when a course starts by requiring (marking) you to learn parrot fashion some terms one professor has coined that may mean something to the students he indoctrinates but aren't relevant to practice -UMD can do better -in fact I know many there who do
A New History for a New China, 1700-2000: New Data and New Methods, Part 1
Jul 22nd 2013
Creative Programming for Digital Media & Mobile Apps
Jun 10th 2013
Nutrition, Health, and Lifestyle: Issues and Insights May 6th 2013 - I was there to learn which foods no longer have much nutrition in them instead the professor was too much of a big industry apologist- I could help wondering how John Mackey alumn would have re-edited this course. However she did teach me to be even more suspicious of what you read on American food labels
A Brief History of Humankind
Aug 11th 2013
TechniCity -this would be a hugely fun topic to write one's own course on if time permitted - there are so many future changes you could explore; I think where I'd go to get 9 minute perspectives millions of youth most need to debate is MIT media lab, and somewhere in China - where'd you post a module from? and why cant courser weave together some courses from multiple correspondent sources?
May 4th 2013
Introductory Physics I with Laboratory
Aug 19th 2013
An Introduction to Corporate Finance
Oct 28th 2013
Big Data in Education
Oct 24th 2013
The Role of the Renminbi in the International Monetary System
Sep 30th 2013
Globalizing Higher Education and Research for the ‘Knowledge Economy’
Jan 21st 2014
Foundations of Virtual Instruction
Sep 30th 2013
Conditions of War and Peace
Oct 15th 2013
Art and Inquiry: Museum Teaching Strategies For Your Classroom
Jul 29th 2013
Emerging Trends & Technologies in the Virtual K-12 Classroom
Nov 11th 2013
Foundations of Teaching for Learning 1: Introduction
Aug 5th 2013
Engaging Students through Cooperative Learning
Date to be announced
Sep 1st 2013
9/11 and Its Aftermath -- Part I
Sep 9th 2013
s the foremost global summit on innovation, science and technology, promoting entrepreneurship in the global public interest. Established in 2007, the meeting convenes the next generation of fast-growing enterprises shaping the future of business and society, and leaders from major multinationals, government, media, academia and civil society. Join a community of over 2,000 participants from 111 countries on 18-20 September 2018 in Tianjin, People’s Republic of China, for a global experience that addresses today’s intertwined global challenges relating to the Fourth Industrial Revolution - economic, political, societal, and environmental.
Global collaboration is needed to define the necessary principles of the Fourth Industrial Revolution - including artificial intelligence, blockchain and the internet of things - and the standards to ensure global interoperability.
Thursday, September 27th, 2018
Stanford Campus, Palo Alto
(Specific location will be included in the confirmation email that you will receive upon registration.)
Meet hosts of the 996 Podcast and other members of the 996 Community in the Bay Area!Hans Tung & Zara Zhang of GGV Capital will conduct a short panel and Q&A, followed by happy hour and networking. Open to anyone who follows the 996 Podcast/Newsletter. RSVP is required and space is limited.Hearing about "996" for the first time? Check us out at 996.ggvc.com.
Managing Partner, GGV Capital
Co-host, 996 Podcast
Analyst, GGV Capital
Co-host, 996 Podcast
“996” is a biweekly podcast on entrepreneurship in China hosted by GGV Capital’s Hans Tung and Zara Zhang. In the show, they interview movers and shakers of China’s tech industry as well as tech leaders with a US-China cross-border perspective. Past guests on the show include Jerry Yang (founder of Yahoo!), Andrew Ng (former chief scientist of Baidu), Kai-Fu Lee (former president of Google China), Liu Zhen (SVP of ByteDance/Toutiao), Nathan Blecharczyk (co-founder of Airbnb), Tao Zhang (founder of Dianping), and Lin Bin (co-founder of Xiaomi). You can listen to the show on iTunes, Overcast, Spotify, SoundCloud, XimalayaFM... just search “996" wherever you listen to podcasts. GGV also produces a biweekly email newsletter on tech trends in China, also called 996. You can subscribe at 996.ggvc.com. Join our followers' community via WeChat/Slack at 996.ggvc.com/community.
About GGV Capital
GGV Capital is a multi-stage venture capital firm based in Silicon Valley, Shanghai, and Beijing. With $3.8 billion in capital under management, GGV invests in globally minded entrepreneurs in social/internet, commerce/new retail, frontier tech, and enterprise/SaaS.
GGV has invested in over 290 companies with more than 45 companies valued at more than $1 billion. Portfolio companies include Airbnb, Alibaba, ByteDance (Toutiao), Ctrip, Didi, Grab, Hellobike, HashiCorp, Houzz, Keep, Opendoor, Peloton, Slack, Square, Wish, Xiaomi, Xiaohongshu, and YY. Find out more at ggvc.com.
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Inside the Chinese lab that plans to rewire the world with AI
Alibaba is investing huge sums in AI research and resources—and it is building tools to challenge Google and Amazon.
by Will Knight
March 7, 2018
The ticket kiosks at Shanghai’s frenetic subway station have a mind of their own.
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Walk up to one and state your destination, and it’ll automatically recommend a route before issuing a ticket. It’ll even check your identification (a necessary step in China) by looking at your face. In the interest of reducing the rush-hour stampede, the system is set up to let you find information and buy tickets without pushing a button or talking to a person.
More impressive still, all this happens successfully in the middle of a crowded, noisy station. Each kiosk has to figure out who is speaking to it; zero in on that person’s voice within the crowd; transcribe the incoming speech; parse its meaning; and compare the person’s face against a massive database of photos—all within a few seconds.
To do it, the kiosks use several cutting-edge machine-learning algorithms. The really interesting thing, though, isn’t the algorithms themselves. It’s where they live. All that image processing and speech recognition is served up on demand by a cloud computing system owned by one of China’s most successful companies, the e-commerce giant Alibaba.
Alibaba is already using AI and machine learning to optimize its supply chain, personalize recommendations, and build products like Tmall Genie, a home device similar to the Amazon Echo. China’s two other tech supergiants, Tencent and Baidu, are likewise pouring money into AI research. The government plans to build an AI industry worth around $150 billion by 2030 and has called on the country’s researchers to dominate the field by then (see “China’s AI awakening”).
But Alibaba’s ambition is to be the leader in providing cloud-based AI. Like cloud storage (think Dropbox) or cloud computing (Amazon Web Services), cloud AI will make powerful resources cheaply and readily available to anyone with a computer and an internet connection, enabling new kinds of businesses to grow.
The real race in AI between China and the US, then, will be one between the two countries’ big cloud companies, which will vie to be the provider of choice for companies and cities that want to make use of AI. And if Alibaba is anything to go by, China’s tech giants are ready to compete with Google, Amazon, IBM, and Microsoft to serve up AI on tap. Which company dominates this industry will have a huge say in how AI evolves and how it is used.
Jack Ma created Alibaba Online, a simple e-commerce marketplace, in 1999, in his apartment in Hangzhou, on China’s east coast. Today the company’s headquarters, which I visited in January, consists of several large buildings housing tens of thousands of workers; the front entrance is guarded by a gigantic version of the company’s cartoonish orange mascot.
Alibaba’s core business remains selling goods and providing a platform for business-to-business trade. But this has spawned other lucrative operations, including a platform for logistics and shipments, an advertising network, and cloud computing and financial services. The company’s ubiquitous mobile payments app, Alipay, is run by a sister company, Ant Financial, which also offers loans, insurance, and investing via smartphone.
SEAN GALLUP | GETTY
Last year on “Singles Day,” a shopping event on November 11 that Alibaba invented, the company sold more than $25 billion worth of merchandise. By contrast, on last year’s Cyber Monday (November 27), the biggest online shopping day in the US, all retailers combined brought in $6.59 billion.
The company’s success has also helped shape Hangzhou’s vibrant tech scene. The city is home to dozens of incubators, funded in part by government subsidies, that are filled with entrepreneurs who previously worked at Alibaba.
Alibaba’s colorful founder apparently doesn’t take any of this for granted. “Jack Ma believes we have been successful because of our business model, a hard-working team plus the operation,” says Xiangwen Liu, the company’s director of technology development. “In the next era of company competition, Jack’s belief is the business model cannot give success for a giant like Alibaba. His belief is in technology.”
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Last October Ma announced that his company would spend $15 billion over the next three years on a research institute called the DAMO Academy (“discovery, adventure, momentum, and outlook”), dedicated to fundamental technologies. The Chinese name for the institute, 达摩, references Dharma, a legendary Indian monk said to have brought Buddhism to China in the fifth century.
China has long since shaken off its reputation for simply copying Western innovations. According to the Organization for Economic Cooperation and Development (OECD), R&D spending in China grew tenfold between 2000 and 2016, rising from $40.8 billion to $412 billion in today’s dollars. The US still spends more—$464 billion in 2016—but its total has increased by only one-third since 2000.
Alibaba is already China’s biggest R&D spender, forking out $2.6 billion in 2017. DAMO will effectively triple its research budget, to more than $7 billion. That most likely means Alibaba will overtake IBM, Facebook, and Ford and will narrow the gap with the world’s leaders, Amazon and Alphabet, which spent $16.1 billion and $13.9 billion respectively on R&D in 2017.
DAMO will include a portfolio of research groups working on fundamental and emerging technologies including blockchain, computer security, fintech, and quantum computing. But AI is the biggest focus, and it seems like the one with the greatest potential.
DAMO clearly takes inspiration from the great commercial research labs of the 20th century. Liu mentions, for instance, AT&T’s Bell Labs, which conducted fundamental research on materials, electronics, and software, producing breakthroughs including the transistor, the laser, and the charge-coupled device for digital imaging, as well as the UNIX operating system and the programming languages C and C++. Liu says Alibaba is also inspired by the way the US’s Defense Advanced Research Projects Agency (DARPA) funds different teams competing on the same project.
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Alibaba is clearly learning from the likes of Alphabet and Amazon, too. Like them, it has released a cloud machine-learning platform. The first from a Chinese company, it was launched in 2015 and upgraded significantly last year. The tools it offers are similar to those on Google Cloud and Amazon Web Services, including off-the-shelf solutions for things like voice recognition and image classification.
Developing these tools was a major technical undertaking for Alibaba. It signals both how ambitious the company is to shape the future of AI and how big a role cloud computing will play.
Another such signal is that Alibaba’s cloud supports several other companies’ deep-learning frameworks, including Google’s TensorFlow and Amazon’s MXNet. Deep learning—a technique for training machines to recognize things by feeding lots of data into a many-layered neural network—is the most important approach in AI right now, used for everything from controlling autonomous vehicles to transcribing speech. Tech companies build their own deep-learning frameworks in part to get users onto their cloud platforms, because those frameworks typically run best on their infrastructure. By supporting its competitors’ frameworks, Alibaba gives developers a reason to use its platform instead.
And that’s not all: Liu hints that Alibaba may be working on its own deep-learning framework, something that could help it get even more engineers hooked on its cloud. When asked if Alibaba might release some of the code it has developed, she answers: “When it’s mature.”
There have been other glimpses of Alibaba’s progress in AI lately. Last month a research team at the company released an AI program capable of reading a piece of text, and answering simple questions about that text, more accurately than anything ever built before.
The text was in English, not Chinese, because the program was trained on the Stanford Question Answering Dataset (SQuAD), a benchmark used to test computerized question-and-answer systems. Alibaba’s program uses several novel machine-learning techniques, and it notched a higher score than entries from Microsoft, Samsung, and others. Remarkably, it scored better than the average human being (although this is a bit deceptive; it doesn’t mean the program actually understands what it is reading).
More remarkable, though, is how fast Alibaba rose up the leaderboard. The company only submitted its first entry to SQuAD in September 2017. “Quite a few of the top 10 teams represent top Chinese institutions, reflecting the ongoing democratization of AI,” says Pranav Samir Rajpurkar, a PhD student at Stanford who runs the SQuAD contest.
Alibaba has already used the program to improve the automated customer support on its online marketplace, says Si Luo, a member of the team. And it hopes to deploy language understanding across its platforms and technologies.
Alibaba’s AI researchers are working on other cutting-edge projects, such as generative adversarial networks, or GANs. In this exciting new machine-learning approach, developed by a Google researcher, two neural networks are pitted against one another; one tries to generate data that seems as if it comes from a real data set, and the other tries to distinguish real examples from fake ones. The technique lets computers learn more efficiently from unlabeled data, and it can be used to create realistic-looking synthetic images and video (see “The GANfather: The man who’s given machines the gift of imagination”).
WANG HE | GETTY
One advantage China’s tech companies have over their Western counterparts is the government’s commitment to AI. Smart cities that use the kind of technology found in Shanghai’s metro kiosks are likely to be in the country’s future. One of Alibaba’s cloud AI tools is a suite called City Brain, designed for tasks like managing traffic data and analyzing footage from city video cameras.
There are such experiments in the West too, such as Alphabet’s Sidewalk project, which plans to transform a suburb of Toronto with autonomous vehicles, delivery robots, and AI-based management systems. But China will most likely want to do things on a larger scale, which will give its companies an edge in the global marketplace for AI.
The Chinese authorities’ interest in using technology for social control also helps. There are plans for a “social credit system” that would track and score citizens’ everyday behavior with a view to perks or punishment. Face recognition software from Chinese companies like SenseTime is being used to find criminals in surveillance footage, and to track suspected dissidents.
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Another advantage Chinese firms enjoy is access to vast amounts of data—because of China’s huge population— with relatively few restraints on how it can be used. Ant Financial’s Alipay, for instance, has more than 520 million users, and the company determines a person’s creditworthiness, in part, by examining his or her daily financial transactions and social connections. This wouldn’t fly in Europe or the US, where strict rules dictate what kinds of data can go into a credit score. But in regions like Africa, where China has a strong economic foothold, such technologies could become the norm.
Alibaba is already exporting AI technology. It is the world’s fifth-largest cloud-computing provider, behind Amazon, Google, Microsoft, and IBM, and its cloud machine-learning platform is available in several languages, including English. This week, Alibaba launched a version aimed at developers and companies in Europe; it also announced a new AI lab in collaboration with Singapore’s Nanyang Technological University.
In some places, Alibaba is arguably ahead of the competition. Last December, it announced a collaboration with the Malaysian government to provide smart city services, including a video platform that can automatically detect accidents and help optimize traffic flow.
AI with Chinese characteristics
So if the world’s AI is supplied by China, what sorts of values will it come with? In the West there is growing concern about issues such as biased algorithms and job losses to automation. That kind of debate is less often heard in China. Speaking at the World Economic Forum in Davos, Switzerland, recently, Jack Ma, Alibaba’s boss, acknowledged the risks that come with AI; but unlike its US counterparts, Alibaba isn’t involved with ethics groups like the Partnership on AI. And unlike, say, DeepMind, the AI-focused subsidiary of Alphabet, it doesn’t have an internal ethics division.
As China becomes more proficient in AI, it will help determine how the technology reshapes the world. And Alibaba will undoubtedly be an important part of this picture.
“Well before anybody used the term artificial intelligence in a business context, Alibaba was a major innovator,” says William Kirby, a China expert at Harvard Business School. “In my view, the company has done more to change the way business is done in China than anyone; they are ambitious on every front.”
Keep up with the latest in AI at EmTech MIT.Discover where tech, business, and culture converge.September 11-14, 2018MIT Media Lab
BRI.school ENTREPRENEURIAL REVOLUTION NETWORK BENCHMARKS 2025now : Remembering Norman Macrae
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
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
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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