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Why is the Economy stupid?: Yannick Beaudoin at TEDxArendal

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Published on Sep 10, 2013

We designed its "software" 100 or more so years ago with barely an update since; we taught it that people are always rational in their choices and behaviours; we even programmed in something along the lines of nature being infinite. Bill Clinton remarked: "It's the Economy, stupid"! -- the voice society uses to speak with nature; so why are we screaming at the natural world we depend on? Fortunately an economic software update has started. By learning from our desired future, we can collectively enable that update before the hardware itself goes "blue screen".

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