We took standard statistical techniques, so I'm going to not talk about that.

These techniques were a lot harder to learn than people had anticipated.

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

And macro economics is probably more guilty of it.

So if we relabel performance time to how good you are, the graph flips, and you get his famous and widely known, this is the learning curve.

Economic games. So what we do is we go into two areas.

Econometrics package

Von Mises, interestingly, believes economics is just a subset of psychology.

The topics range from math

a latticework on which to hang your ideas.

Economics is the study of economic mechanisms.

So, then you have a proper grain of salt, so that you are always focused on the true intuition.

The bottom of the pyramid is benefiting hugely from technology.

What about religion, poverty, economics...?

He studied economics at college.

And we practice, and everybody has a turn.

We can see that we can take this equation and it can apply to things in economics, or it can apply to things in finance or it can apply to things in computer science or logic or electrical engineering or anything accounting

COuld lead to more wealth, more, a larger pie for everyone.

We have this view of ourselves, of others.

But this does not apply the other way around.

Westerners own two thirds of its wealth.

Here's another one.

My employer an economist.

Here's a guy you all need to study.

And when you go to hide the linear curves, you might even be inclined to draw a curve like this.

So this is exactly what I did.

He is a great authority on economics.

He is a great authority on economics.

Instead, what we saw is a lot of people who cheat a little bit.

Regardless of the outcome, the pure act of anticipation makes us happy.

And they see a 20 bill.

And we call that M1.

Great.

So the question is, how can we use technology to push from the left side of the graph, from the blue curve, to the right side with the green curve?

The laws of nature are written in the language of calculus.

What I would like to see is idealism decoupled from all constraints.

Well there's a couple of ways to do it.

I major in economics.

I'm majoring in economics.

curve

Curve

Curved

A nice visual composition of symmetry.

He is a professor of economics at Hyogo University.

Tom is majoring in economics.