Writing this book. I had to discard the basic premise which all classical economists or those of us who were involved in that form of economics and computerbase models, and have to look at fundamental premise. And i basically assumed as we all did that not only, that fundamental premise is that human beings act in their own long term self interest most of the time. But the general belief of all economists who are forecasting, is while it is not only most of the time but when it isnt, its random. And you can disregard it because it cant be muddled. What shocked me is when i started to try to actually model it and i was getting extraordinarily, extraordinary results. Rose and what were they . Basically, that socalled animal spirits, which is a term rose talking about the john precisely. And they are deep seated aspects of human nature. Predictable ways. For example, you can measure fear. Everybody responds to fear when their values are say life and limb and net worth under stress. But ho
Writing this book. I had to discard the basic premise which all classical economists or those of us who were involved in that form of economics and computerbase models, and have to look at fundamental premise. And i basically assumed as we all did that not only, that fundamental premise is that human beings act in their own long term self interest most of the time. But the general belief of all economists who are forecasting, is while it is not only most of the time but when it isnt, its random. And you can disregard it because it cant be muddled. What shocked me is when i started to try to actually model it and i was getting extraordinarily, extraordinary results. Rose and what were they . Basically, that socalled animal spirits, which is a term rose talking about the john precisely. And they are deep seated aspects of human nature. Predictable ways. For example, you can measure fear. Everybody responds to fear when their values are say life and limb and net worth under stress. But ho
Winner of a knife edge president ial run off election. With over 99 percent of ballots counted, hes taking just over 50. 9 percent of the vote. Incumbent j. Horrible scenario took 49 point one, presets. President elect, Louisa Matthew lula. Da silva addressed the nation just a short while ago. Jerry, almost an hour on the other hand, has not yet made his speech. The new president s words focused on uniting a country that is deeply divided between you. You get a deficient door. Theres only one big winner. The people does neither my nor our parties. Victory . No, no. This is the victory of an immense Democratic Movement. Thats beyond Political Parties. Or ideologies happy boy, the majority of the people want more democracy. They want more social inclusion. They want more respect and understanding. But when people feel they want more freedom and equality as bring in the caea newman and sell paolo, shes at lula headquarters. Bring us into your world. Lucy, give us a flavor of the evening.
A check on your world headlines. Russia says its unacceptable for ships carrying grain to pass through a black sea corridor, and it wont guarantee the safety of the vessels. It comes days after moscow suspended participation in a deal brokerage biter, kia and the un, but 12 ships loaded with more than 350000. 00 tons of grain still left ukraines black seaports. On monday, its the most grain moved in a single day since july. Our diplomatic editor james bays reports for more than 3 months, this corridor through the black sea has been a humanitarian lifeline. The un says about 9000000 tons of grain has been transported and it says, despite russia suspending its participation after the cranium drone attack on its fleet, the scheme will continue. They have suspended, they havent withdrawn, they have suspended, and they havent terminated. And the difference is the difference is very, very simple. The difference is that as parties to that black c grain initiative, they are still bound by it.
A stampede and the capital sold. It happened during a halloween festival in the central one district. Its a popular night, 5 area filled with restaurants and clubs, president jews. So q all has ordered an investigation into the cause of the accident. Alger bomb handling or imagine, or its a tragedy and a disaster that should not have taken place in the heart of soul. During halloween celebration, i express my condolences to the victims and hope the people who were injured will recover soon. My heart also goes out to the victims family members who are suffering from the heartbreak of losing loved ones, nor does it as robert bryan has more. The causes of this tragedy is now going to be the subject of an extensive investigation, or weve already seen police go through the scene, the alleyway behind me, where the death took place. We know that they have been collecting footage from cctv cameras all around this. E t one district also collecting clips of the social media talking to witnesses.