Great current economics video for educationSubmitted by Shawn4Liberty on Wed, 02/04/2009 - 22:06
This available and ok to distribute video or DVD could be very useful.
Thought it could be of use to someone
"Crash Course Chapter 1: Three Beliefs
It's very important to distinguish between facts, opinions, and beliefs. So let me be right upfront about this. I hold three beliefs, which I'm going to share with you and then spend the rest of our time showing you how I got to these beliefs.
The first is that the next twenty years are going to be completely unlike the last twenty years. Second, I believe that its possible that the pace and/or scope of change could overwhelm the ability of our key social and support institutions to adapt. Third, I believe we do not lack any technology or understanding necessary to build ourselves a better future.
The first is that the next twenty years are going to be completely unlike the last twenty years. Why is this important? Because we tend to base our view of the future on our most recent experience. That’s just part of being a human. It is also a gigantic liability at key turning points. So I say that massive change is already upon us. When I first gave this material as a talk three years ago, I used to say, "Massive change is coming." Well, it’s here now, and the belief I hold is that it’s really just getting underway, and I’ll show you why I believe that."
PS a really good segment on compounding # 4
PSS if you only watch one, watch chapter # 19