Urgent Evoke

A crash course in changing the world.

I think economic sustainability is the most important factor in evaluating the success of an implemented solution.

I heard from some economist (don't remember that name, sorry) that if you put a $1 in the economy and not invest in infrastructure your $ will bounce of in a black h***. But if you invest 50cents in cash and 50cents in infrastructure, training and other supplemental resources your money will multiply.

The reason he said is because people will use that 50cent cash to use the technology that you have implemented and produce some valuable substance from which they can either use for themselves and if they produce enough of that valuable substance then they will sell it to others. Hence, getting money in return and the cycle of economy will start from that bare 50cent in cash and 50cent technology.

Views: 21

Comment by Darpan (Dean) Dadhaniya on March 20, 2010 at 6:01am
LEARN1: Economic Sustainability. Why economy is more important than $$$?
Comment by Nick Heyming on March 20, 2010 at 7:29am
I'd love to find out who that economist was. Your point is well made, making money work and create more value is much better than burying it in the ground.

Jesus said that in his parable of the talents...
Comment by Rahul Dewanjee on March 23, 2010 at 6:50am
very aptly put forward. you've got my +1 as well for knowledge share

I certainly agree with economic sustainability as Dean rightly pointed out being absolutely critical if we need to create any intervention as a charity or as a private initiative or as government to ensure that we get positive results on the longer time horizon.

The fact that today in India we have a 8.5 percent growth while the rest of the world is struggling (except Australia of course) is a result of taking care of macro-economic fundamentals as best as the planners could so that the growth that emanated from it were sustainable and not erratic.

Most of the developmental planning in countries like India that focused on building something for the longer time horizon has always seemed to have focused on economic sustainability to generate value. Another reason why in India, I reckon the Planning Commission has done such a fantastic job by creating a context for their planning and really ensuring that their interventions were delivering sustained results and therefore generating endearing value.
Comment by Bongumusa on March 23, 2010 at 12:24pm
Economics is one of my favorite because it rules the world.
Comment by John D. Boyden on May 10, 2010 at 3:12pm
Sound economic theory here. And Bongumusa... *s* economics don't rule unless people let them! +1 KS

Comment

You need to be a member of Urgent Evoke to add comments!

Join Urgent Evoke

Latest Activity

N updated their profile
Sep 25, 2020
Sophie C. commented on Asger Jon Vistisen's blog post Stinging Nettle
"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
Aug 19, 2020
Meghan Mulvey posted a blog post

Fourth of July on the Lake

This past weekend was the annual celebration at the lake house in Connecticut. It is amazing that the lake is still so clear and beautiful after all these years. The watershed association has done a wonderful job protecting these waters from the damaging effects of development.The wood grill was finally ready to cook on, so we didn't miss the propane tank fueled grill anymore. The food actually tasted fresher than in the past and was easy to keep fueled.Dad was very proud of the solar hybrid…See More
Jul 6, 2020
Asger Jon Vistisen posted a blog post

Stinging Nettle

In this blog post I will focus on a plant that is abundant in our nature, and which is immensely nutritious. It's of course the Stinging Nettle. Let's start with the chemical constituents of this plant:37 % Non-Nitrogen-Extracts19 - 29 % Ash9 - 21 % Fiber4 % Fat22 % ProteinOnce the leaves are drid, their protein content can reach an astounding 40 %, which is much higher than beef, which even under the best of circ**stances can never exceed 31 % protein. In addition the Stinging Nettle consists…See More
Apr 13, 2020
Jonathon McCallum posted a blog post

The meal

It is 7'oclock, I was late home from work due to an assignment that i wanted to get ahead on. By the time I get home I am feeling extremley tired and I cannot be bothered to make a proper meal. I walk to the fridge and open it to see what there is for me to eat. All of the out of date foodstuffs have been automaticaly thrown away by the fridge, they will be recycled tomorrow as animal feed or something. I see i have organic local eggs and some local cheese. Foods are vacc** sealded for easy…See More
Mar 10, 2020
Jean Paul Galea shared a profile on Facebook
Mar 1, 2020
Kevin posted a blog post

Future

FutureToday is 2020/1/1. It is just like yesterday. The war is still continuing. It has started since 2010. In 2010, that year was a horrible year. Almost every energy ran out. Every country’s governments were crushed down at the same time. There were riots everywhere. All of the big company’s bosses were killed xdeadx in the riots. Troops fought each other everywhere. Food was bought up xawayx at once. There were no more food supplies in any shops. The economy was all crushed down. All the…See More
Jan 1, 2020
Namwaka Mooto posted blog posts
Jan 13, 2016
T D updated their profile
Sep 3, 2015
Brook Warner posted blog posts
Aug 25, 2015
Santiago Vega posted blog posts
May 5, 2015
Santiago Vega commented on Santiago Vega's blog post Act 8
May 5, 2015
Santiago Vega posted photos
May 5, 2015
Rico Angel Rodriguez posted blog posts
May 2, 2015
Rico Angel Rodriguez posted a photo

public servants

The exchange works directly for state and public workers and servants. It gives them credit in exchange for the amount of public work they contribute to the community. The more constructive they are based off a base rate the more credit they recieve.
May 2, 2015
Brian Hurley posted blog posts
May 2, 2015

Follow EVOKE on Twitter




Official EVOKE Facebook Page




EVOKE RSS Activity Feed










© 2022   Created by Alchemy.   Powered by

Badges  |  Report an Issue  |  Terms of Service