This means that the world is converging.

But then in the late '70s something changed.

Small cars are very economical because of their low fuel consumption.

The problem is that we can create these large reserves only in places where there are no people, where there is no social conflict, where the political cost is really low and the economic cost is also low.

It also requires being connected to a lot of management assistance.

These will be for people with low income.

Investment has to be a different beast.

And over the course of nine months

I'm like this, mixed, biracial minority

It means that the economy is dividing into high skill, high wage jobs and low skill, low wage jobs and that the middle, the middle skill jobs, and the middle earning jobs, are starting to drop out of the economy.

You can see it in their face, just this joy of, I can do it.

Don't get confused of the progress of the emerging economies and the great capacity of people in the middle income countries and in peaceful low income countries.

I went to university to become an economist.

Fetching locations...

If we halved that number, one estimate is it would create a net gain to the U.S. economy over 10 years, of nearly a trillion dollars.

We're shutting down the Keystone XL pipeline

We've got 40 families ready to move in... 40 families, John, lowincome families.

Microeconomics .. and those actors could be firms, could be people, it could be households.

The reason for that is that many people say you have to get rich first before you get few babies.

China still has large areas of underdevelopment and per capita income is a better measure of the sophistication of the economy.

THE ENVlRONMENT INFLUENCE

Goldman Sachs has projected that China, the Chinese economy, will surpass that of the U.S. by 2027.

And what does that mean?

So, physical access what does that mean?

Tokyo is now a center of the world economy.

Xia Gang is a Chinese euphemism for laid off .

The second thing is that the Chinese economy passes the U.S. economy in, let's say, 2030, which it may it, that will be a measure of total economic size, but not of per capita income won't tell you about the composition of the economy.

That is

He married and had two sons.

And even if you graduate from high school, if you're low income, you have less than a 25 percent chance of ever completing a college degree.

Perhaps that positive relationship we saw between extroversion, diversity of life experience, and happiness, maybe that's only true for people on the higher end of the spectrum in socioeconomic status.

And I want to say to that very clearly nonsense.

How can these people be so passionate?

In 1 dimensional data sets that are numerical, this could be informative.

In the 1980s, as America went through a transition in the Reagan period, between the rust belt economy of the midwest to the Silicon Valley economy of California, that was the end of America.

Even if you're bringing clean water for the first time into rural villages, it is something new.

And we've heard a lot about how economies function.

A nice thing. If you haven't seen it yet, come and experience the Solidarity Economy.

What about the political system?

So, in fact, it's not permanently in the high seas.

And if you think about it, industrial capacity utilization, it matters, but it matters much more to manufacturing based economy.

And they decided to go not only for health and education, but also starting to grow their economy.

And macro economics is probably more guilty of it.

With the Put Out system?

Let us take a look at the world situation today.