Economics of Revolution

 ER Resources - 40 year diary at The Economist on how to prevent macroeconomists ruling the world;  ... journal of microeconomics  ,,discuss how to ruin the world with macroeconomic rating agencies ; Galbraith- Washington Politicians have got economics completely wrong -austerity measures are wanton cruelty and failing to reform bust banks at start of 2009 was disgraceful - ER hotline washington DC 1- 301 881 1655 skype chrismacraedc

Links to 100 Entrepreneurial Revolution Networks that emerged since 1976 Norman Macrae's survey in The Economist 

 Media.................................................................................... 1 2 3 4 5 6 7 8 9                       
 Privatization - ie government comands less than 25% of economy
.search economist for
privatise  privatisation  privatize privatization
 11 12 13 14 15 16 17 18 19                       
                                 


14 july 2011

dear friends

 

today we join france and scotland and a 40 year young nation : in celebrating the 222th birthday of taking back assets so that people -especially youth - can be free to be productive;

the exciting net generation twist of 2010s is kings and queens are no longer the monopoly rulers of economic possibilities of youth's futures,

we are faced by governments -and macroeconomists -  at a tipping point of global economic and ecological meltdown. Entrepreneurial Revolution has never mattered more.

dads privatization entrepreneurs networks are about 32 years old - there being an S and Z search problem depending whether you spell english or american

search economist for privatise  privatisation  privatize privatization

 

what are the 10 segmented challenges

 

11 government when spun by wrong EU macroeconomics norman video http://www.youtube.com/watch?v=BU1qSQzTN7k

2 government when spun by rotten media norman video http://www.youtube.com/watch?v=Zs_wSBdX6Tw

3 government when people like hasina abuse global aid

4 government by industrial military complexes (bush-cheney -rumsfield devalued usa brand by over half)

5 government when partnered by corporate irresponsibility and externalisation

6 governement by pension ponzi scemes and making health exponetially more costly

7 govern by speculative wall street and zurich property runs

8 government by an industry's global wrong turn - how on earth did japan invest in nuclear over 30 years instead of green

9 government by education designed to destroy jobs for youths

 

if sustainability is what our species values, I am sure you can enjoy helping improve the lists of networks of privatization entrepreneurs at http://www.economicsofrevolution.com/ or any open bookmark you'd like youth's entrepreneurial revolution to celebrate

 

bonne courage a tous

chris macrae wash dc 1- 301 881 1655

The Unacknowledged Giant's ER Nets. Disaster Movie

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This site  The Web 

 

knowentrepreneurialrevolution.jpg  
 

Norman Macrae: The tv age was probably the worst of times for those who believed that transparent skills mith media and metrics could advance the human lot. Don't give up: 6 generations of our family have practised M&M and the first net generation will need them more than ever assuming sustainability remains the number 1 valuation purpose -and www investment - of our human race. 

 

why do entrepreneurs mean by

 

HOW KEYNES DID NOT WANT WORLD TO BE RULED 

 

Economics gigantic and depressing secret is that after the 2 world wars economists took a wrong turn. They came to hate chnage. They became gurus in ruling over historical assumptions. King Canute has nothing on macroeconomists' denial of waves of change. The good news - the joy of economics - is if we can change economics back to its entreprenjeurial rrots which questioned how to invest in communities of youth to improve the human loot then the 2010s can be the greatest celebration of humanity

 In Free Markets- Safety is The Number 1 Quality Drive and Brand Leader's Reasoning for Continuous Improvement

By the late 1980s, millions of hours of interviewing of consumers and socieeties across the world's markets were assembled in an MIT database to prove this. So how did economists get blindsided to this? Perhaps because how safety system dynamics change is a way of defining economic revolution. In a thing economy, safety usually means a thing doesn't break. In a service economy it usually means an (intrapreneurial) empowerment structure where teams constantly look out for each other knowing that one second in millions may be the greatest safety challenge their whole organsiation's value to society faces. In a knowledge economy, safety depends on the largest organisation in a national or global marlet publicising the biggest risk the sector is reponsible and inviting col;aboration between all players in that market as well as government and media for responsibility for that risk. Economists eg (alumni of Adam Smith) can note yjay any market with players that are "too big too fail" is by definition not free. Finally if there is to be a 22nd century for the human species t we need to appreciate that the more network connecetd we are the more nature's context-up rules of evolution,  not man's  over-standardisedmacroeconomics command and control rules, apply to sustaining every community as well intergrating the whole planet's global vil;age networking economy. The idea of valuing safety comes naturally to children - so why is it the most powerful old people in the world hire macroeconomjists to deny this value multiplier?

Missed revolutions include mapping dynamic differences between

 service versus industrial (non living thing) economy economy of knowledge flows and separate fiefdoms networking where borders need to be risk free instead of externalisation's dismal locus nature's rules of sustainability and macroeconomics king canjutes

all of these innovations exponentially compound into social and youth-emotional-intelligence differences between

multiplying goodwill and trust transparently versus multiplying badwill and distrust behind closed doors  

 2010s can be the most productive time to be alive but only if we change

economics and banking  - latest crises wall street 2008; European meltdown 2011;

government and media – News of World 2011, Victimisation of Nobel Muhammad Yunus by the British Broadcasting Corporation

education and healthcare - continuous

energy and agriculture - continuous

aid and arms – Arab Spring ; continuous

lack of cross-cultural empathy between those born  poor and rich

 

Norman Macrae. (Unacknowledged Giant according to economists who wrote his obituary, simply dad according to me (chris.macrae@yahoo.co.uk skype chrismacraedc) first mapped this challenge in survey of Entrepreneurial Revolution, The Economist Christmas Day 1976.

There are now over 100 sub networks of Entrepreneurial Revolution we can guide you to working on detailed challenges to sustainability of communities and family. The work is urgent. Can we help each other to invest in young people and the most heroic goals of any decade. When I was young we had the race to the moon. Today we have the far more exciting race to sustain the planet by ending young people being born into poverty through whole truth investment in the futures we could all enjoy celebrating.

,,,,,,
..
,,
The unacknowledged giant
The Unacknowledged Giant's ER Nets
. Disaster Movie
 
cm1.jpg
 

Links to 100 Entrepreneurial Revolution Networks

 Media 1 2 3 4 5 6 7 8 9                       
 Privatization - ie government comands less than 25% of econ0my 11 12 13 14 15 16 17 18 19                       
                                 

.......................................................................Dear Dr Yunus - can you help edit a cribsheet on:..

Ways macroceonomists destroy places’ jobs and disinvest in its youth’s future and its communities’ sustainability

Diarising this was my father’s life work at The Economist. His final articles celebrating Bangladesh peopled as the most entrepreneurial nation since 1976 summed this up in the context of Wall Street’s 2008 meltdown. Only microeconomists could save the 2010s from serial slump. The epicenter of microeconomics common sense is Yunus, his banking system, his empowerment of youth networks such as those in France that have achieved record 650000 start ups, his social business designs that use exactly opposite maths of the macroeconomics one that computes how much one side takes from all other every quarter

Rule 101 of microeconomists is that every bank failure that is refinanced by society is a tax on youth’s future. Japan ’s banking crashes caused by property bubbles in 1980s consigned half a generation to no growth. There is a way to deal with banking crashes that doesn’t penalize youth. Namely the biggest investors in the banks lose their money. Moreover the crash is learnt from so that that type of bubble never reoccurs. Moreover any changes that make old economic assumptions untrue should be confronted. For example, the whole operations of banking economics haven’t adapted to 10 times lower costs of transactional records of banking that mobilizing bankabillion enables. Moreover refinance as much as possible with money from inside the nation. Most countries have lots of local money and property if you look for it though it may be in the charge of non-innovative powers-. A large part of Greece ’s problem is the amount of wealth owned by the church which is also the lading force for non-economic pensions

It was only after world war 2 that macroeconomists sponsored by the big get bigger not the sustainably get more sustainable grew like topsy. They have changed the dynamic definition of almost every concept that entrepreneurial economics originated around Adam Smith and the first 100 years of the journals in The Economist.  Macroeconomics ways of disinvesting in youth include

Capital markets- Norman published a book on London capital market in 1950s; its conclusion the development prospects of nation depended on the long-term transparency of its capital market; capital markets take peoples long term savings and development a place when they invest in its youth’s future. By 1972 Norman was predicting total collapse of global financial system in 2010s if we failed to restore a large percentage of capital markets to investing in that place instead of financing corporations that as they globalised felt no responsibility to the place whose savings they mainly took

Paper currencies which get printed as a political man oeuvre by governments having no metal reserves backing, and which when regionalized across nations end the simplest way that an individual nation can be in control of its own sustainable economy

Macroeconomists do not value all sorts or economic factors and resources. A long list was commissioned by Sarkozy from leading economists like Stiglitz before he started his Presidential term. Most productive growth over time depends on investments in family – a factor macroeconomists exclude from their models. Most communities sustainability depend on natural resources – a factor that macroeconomists negatively model.

Whole sectors have invested for a third of a century in a wrong turn. Investing so much globally in nuclear and carbon to exclusion of solar and photosynthesis is perfect macroeconomic conceit, and also perfect for making the human race the next dodo

Macroeconomists also get the wrong end of every stick in assuming that only nations determine economic futures. Already a majority of the 100 biggest economies are not nations but corporate and sector-driven. The most economic thing governments could do for their peoples is mediate the future of each market sector to be responsible for its greatest sustainability risk and to be designed around zero tolerance for bubbles. Instead government have been bullied by greenwashing corporate media to cozy up to policies that accelerate disinvestment in youth. That's clearly illustrated by News of World.  Language is also misused - the mathematics of shareholder value analysis is actually speculator value analysis in which long-term investors (eg  families with children)  are the biggest loser.

There is good news. Since all these errors are caused by the same logic, the opportunity to network other way round solutions in 2010s is extraordinary. Survey youth on heroic goals they want to work on. Match investments to these. Use microeconomics whose entrepreneurial leaders  enjoy revolutionary changes like 10 times lower cost banking transaction records or where natures dynamics are explicitly valued instead of devalued. Use youth mediated partnerships to free up the most amazing technology the world has ever had to life critical innovation experiments and 2010s can be the human race's most productive and sustainable time. But that is not the way macroeconomist summits are heading. Let's honour Greek Queen Sofia's hosting of world microcreditsummit 2012 by openly ensuring this is where the net generation is invited to head on the roads to and from Madrid. Next stop Queen Elizabeth's swansong Olympics for youth and reformation of UK media including BBC new analysts being mentored in william wender type analsyis at www.notimeleft.org
..

Friday, July 15, 2011

microcredit across G20

Professor Yunus launches G20 international working group on microfinance in ...

BusinessGhana - ‎Jul 11, 2011‎
Responding to President Sarkozy's invitation, sent last April, to collaborate within the framework of the French Presidency of the G20, Professor Yunus was invited to Paris to launch an International working Group on microfinance, ahead of the G8/G20 ...

EU supports social business


The Daily Star - 6 days ago
The European Commission president made the remarks after a meeting with Nobel Laureate Prof Muhammad Yunus at his office in Strasbourg in France on ...


http://www.economist.com/blogs/dailychart/2011/05/europes_economies
1:40 pm edt 

least regulated banks in europe: greece, spain, ireland?



http://stress-test.eba.europa.eu/pdf/2011+EU-wide+stress+test+results+-+press+release+-+FINAL.pdf

8 banks of 90 sampled (one withdrawing!)  (5 in spain 2 in greece 1 austria ) across Euroland fail basic stress tests , and 16 nearly failed

Stress Failiures: Agricultural Bank of Greece SA, Austria’s Oesterreichische Volksbanken AG and Spain’s Banco Pastor SA and   CajaSur; a merger group led by Caixa Catalunya; a group led by Caixa Sabadell; Caja Duero- Caja Espana, and Banca Civica were the failures.

Germany's dodgiest? bank - Helaba withdraws from test  ?

The companies were found to have insufficient reserves to maintain a core tier 1 capital ratio of 5 percent in the event of an economic slowdown, the European Banking Authority said. All banks tested in Italy, Germany and the U.K. passed.

The stress tests didnt really look in a level way at difference between biggest banks and small local ones

Concern about Greece also triggered a surge in 10-year borrowing costs for Italy and Spain this week to the highest since the introduction of the euro in 1999. The cost of insuring Irish and Portuguese government bonds also hit records this week, implying a 60 percent chance of default.

Hypo Real Estate Holding AG in Germany, Agricultural Bank of Greece SA and five Spanish savings banks failed last year. The savings banks that failed were.

12:33 pm edt 

Washington politicians have it "totally wrong," according to Galbraith who believes austerity measures amount to "a wanton piece of cruelty" on lower income Americans. Furthermore, he argues America's long-term deficit problems are "completely disconnected" from current U.S. borrowing costs, which he notes remain relatively (and historically) low.

"My view is we're in a tragic moment where public policy is doing real harm on a pretense of accomplishing something that's absolutely not going to be accomplished," Galbraith says.

http://finance.yahoo.com/blogs/daily-ticker/tragic-moment-d-c-politicians-totally-wrong-spending-170034293.html

10:17 am edt 

ONE UNITING ORGANISATION OF WORLD YOUTH'S MOST EXCITING PROJECTS

I am arguing that yunus is missing one worldwide organisational structure (that right now in these extraordinary times only you and IT smarts can gravitate naila) which essentially catalogues most exciting projects that different regional residences (cliuster of yunus best investors like paris) are leading the invitation to youth to make 2010s most exciting

In effect such a structure is


1 a good news media company as leaders and youth once they have pioneered a solution wants to see it replicated inter-regionally


2 is a knowledge(economics) multiplying (pro-youth education) organisation because useful knowledge can be openly multiplied in use


3 all of this is made possible by information technology's dynamics - something we can see if we grow tech roundtables staged at the most magic times and places of 2010s -of which yunus testifying to US congress could be one such time; Yunus testifying to a Polish led EU on how microeconomic solutions to nations debt problems dont punish youth way macroeconomics does can be a second magic occasion; in post-murdoch world, a royal brainstrust on future of media peaking just before london olympics with Yunus CSR partners joining in celebrations can be a 3rd magic deadline over next 12 months;  next years progression of e-G8 can be a 4th time to celebrate yunus partnerships collection of most exciting projects for youth to job build round


and indeed all of these need to happen on deadlines as otherwise political leaders supporting yunus may not get re-elected and hasina may have closed down open bangladesh 


Yunus worldwide value (and indeed ownership of that value on behalf of hios poorest members) through 2010s is his connection between those with the world's greatrest resources he has inspired to invest in matching a solution with a heroic goal voted on for by youth.  Yunus friends also find ways to bail out nations that do not let elders or rich borrow from that nation's youth and poorest, Macroeconomics as my father showed in The Economist over 40 years (the enemy of all hi-trust entrepreneurs) is the dismal science of always borrowing from youth and poorest to fix rich/political peoples bubbles..


 So the first 2 sources of linkins to world's exciting most projects are:


yunus top 50 leaders already investing a lot in something around him of which the largest cluster -and only emerging social business stockmarket - is in paris


youth's heroic goals that are waiting tio be turned into solutions investments (last chapter of yunus book 2)


the third element of this is to convene projects that come from turning round collapses- the integrity of uk media has collapsed but a brainstrust on what is good news media which peaks just before london olympics and has all of yunus royals and other opinion leaders helping to redefine what to celebrate can for example enable the bbc www.notimeleft.org  to rediscover what world service is when social business public broadcast


Just as one of yunus main lessons on funding banks is there is always local money, his greatest social business advances will always empower organic regional models - where young people are creating jobs as well as making 2010s exciting out of that region (and chnaging the follies of macroeconomists who have been hired by politicians who want to power over people not public servants who want to empower) - the greatest collaboration youth entrepreneur race was the origin of his logic with the poverty museum race - a race in which the whole world could also celebrate the first places to genuinely merit having a ;poverty museum as well as singforhope about real social busienss heroes not just sports stars hitting balls or other tabloid storytelling methods

6:51 am edt 

2011.07.01

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