LFT lessons

From LFT - comes:

larry fair trades

in alliance with:

ParloMix -from ECOREplus

Lessons:

- Take the first 12 stages first from http://lftaustralia.com/lft-stages/

- who's larry: it;s a creative acronym of LFT-Australia for Lift Fair trade... Lazy Larry was a coder

- why he fair trades: because the  economy is closed by big players

- where ishe fair trading: online and offline using fair-trade pro-bono

- how can he fair trade: the probono is ensured through LFT to be paid when and if cash comes in from his skills traded on a proBono basis

- when can larry do it: he can choose once a week for 20 minuste to up to 8 hours per day.

- parlomix: an online capsule to protect your IP for 100 years

- Road trip: it's amazing, you can learn the who, why, where and when

- fair trade: the tool to actually develop yuor micro-economy, with it's own value generators, currency allocations and funding creation. - Fair trade is free: the problem is that we are condused online to time wasters!

More.... lessons

- Microeconomics: Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources.

- Nanoeconomics: Nanoeconomics is defined as the economic theory of single transactions. The term was proposed by Kenneth J. Arrow in 1987. The term has also been used to describe a level of analysis below traditional microeconomics, and to describe the economics of nanotechnology.

- Kenneth Arrow:

In other pioneering research, Arrow investigated the problems caused by asymmetric information in markets. In many transactions, one party (usually the seller) has more information about the product being sold than the other party. Asymmetric information creates incentives for the party with more information to cheat the party with less information; as a result, a number of market structures have developed, including warranties and third party authentication, which enable markets with asymmetric information to function. Arrow analysed this issue for medical care (a 1963 paper entitled "Uncertainty and the Welfare Economics of Medical Care", in the American Economic Review); later researchers investigated many other markets, particularly second-hand assets, online auctions and insurance.

- Black Swam: Definition of black swan. An event or occurrence that deviates beyond what isnormally expected of a situation and that would be extremely difficult to predict. This term was popularized by Nassim Nicholas Taleb's book "The Black Swan: The Impact of the Highly Improbable."

- Antifragility: Antifragility is a property of systems that increase in capability, resilience, or robustness as a result of stressors, shocks, volatility, noise, mistakes, faults, attacks, or failures. It is a concept developed by Professor Nassim Nicholas Taleb in his book, Antifragile.

Next lesson:

- how to put this in practice

- real life examples

- new test in real life proposed to Timor Leste, Ireland and Australia.

preview:
- Economic Bubbles: An economic bubble (sometimes referred to as a speculative bubble, a market bubble, a price bubble, a financial bubble, a speculative mania or a balloon) is trade in an asset at a price or price range that strongly deviates from the corresponding asset's intrinsic value.

Oh my ggg
- Making sense out of greed: inverse wall street's crashes; creating spaces of trust for property owners (PO), skills traders (ST) and fair trade investors (FTI's ). Economic inverse bubbles to support those in bigger perils to loose their farms.

- Deploying emergency fund: creation with families and farmers for small emergency funds

- Recovery funds for property owners: to renovate properties, place them on the market and support their payment of debts with the sale (project designed by a farmer in Australia).

- Employment hunting and/or generation: when the 3 players (PO's, ST's and FTI's) come together, they can support the creation of strategic job hubs following the "satellite towns" theory. "The major purpose of building satellite towns is to control overpopulation of big cities, disperse some industry and population, and, in the meanwhile,offset population attractiveness of the big cities towards the surrounding area" source; The New Urban Area Development: A Case Study in China. By Zisheng Shao