"Ideal Money and the Motivation of Savings and Thrift" by John F. Nash, Jr. Ph.D.

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  • čas přidán 1. 06. 2024
  • John F. Nash, Jr., Ph.D., nobel laureate at the Harry Mullin, M.D. Memorial Lecture on November 16, 2011. His topic was "Ideal Money and the Motivation of Savings and Thrift."

Komentáře • 67

  • @devarajagopalan9059
    @devarajagopalan9059 Před 3 lety +8

    So touching is Dr.Nash ‘s life and I virtually into tears and I wept the whole time I read the book “A beautiful mind” as well as the movie.

  • @RichardMorriswave
    @RichardMorriswave Před 10 lety +7

    He was talking about I think the ideas of equilibrium when applied to maths. As in money being too do with a natural idea rather than a man made idea which is not as perfect.

  • @djarotsembodo6304
    @djarotsembodo6304 Před 2 lety +3

    Awesome explaination of using money ideally. As charity, donation, social welfare including Islamic theory of money. Business and economic stimulate benefit.
    ICPI (Industrial Consumption Price Index) to measure Ideal money. etc...
    👍👍👍

  • @anandram6974
    @anandram6974 Před 8 lety +7

    Truly a great mind.

  • @assaad33
    @assaad33 Před rokem +1

    Wish someone asked Nash at that conference about his views on bitcoin

  • @KainniaK
    @KainniaK Před 2 lety +6

    This man was Satoshi Nakamoto. Toko "I am Nash" Sato, his idea of using electricity as a basis for a global reserve currency will radically change this world for the better or the worse.

  • @godvader5550
    @godvader5550 Před 10 lety

    So goooood ...

  • @salcedop
    @salcedop Před 11 lety +5

    Everything about that introduction speech was a complete trainwreck.

  • @sulexkya
    @sulexkya Před 9 lety +2

    The Legend!!

  • @dailybread8295
    @dailybread8295 Před 6 lety +5

    Yesterday I watch the movie againBeautiful Mind with my daughter.. I prove to her that the movie is base real life and showed to her in google I was shocked knowing Prof. Nash and wife was dead in a car accident.R.I.P.

  • @godvader5550
    @godvader5550 Před 10 lety

    I m just tring to find suggestions about where illusions ?

  • @kellykitkat40
    @kellykitkat40 Před 9 lety +5

    Interesting. Between 3:50 and 5:00 we are
    told that the movie, Beautiful Mind, deliberately
    misrepresented the facts of John Nash's life,
    so that "they" might create a commercial to
    promote "the Mental Health Authority" as a
    legitimate policing agency, of the New World
    Order.
    There is a French proverb : The more
    things change, the more they stay the same.
    Treating "mental illness" with "antipsychotics"
    is a way of
    controlling prisoners (political dissidents in the
    Soviet Union were oft declared, mentally ill).
    Are not illlicit and allegedly dangerous drugs
    such as LSD, angeldust, PCP, and crack cocaine
    also classified the same as antipsychotics
    such as Risperdol and Olanzaene?
    Consider the Vatican ("Spanish") Inquisitions,
    where "they" desired to "know many", and how
    heretics were dealt with. Galileo Galilee was
    sentenced to house-arrest, and declared "mentally
    ill" for his pronouncement that the earth is a planet
    which travels around the sun. (He was wrong, of
    course, for the earth is not a planet, but relatively
    flat, with hills here and valleys there, but that is
    besides the point. The point is, for expressing his
    opinions, he was persecuted - called "mentally ill",
    or "heretic", or whatever the label was back then.)
    I think the movie, A Beautiful Mind, could have been
    a better movie if it had been truthful about how
    John Nash Jr. overcame mental illness with not
    only force of will, but by "concentrating on rightness",
    remaining logical, keeping his emotions in check, etc.
    It could have been a movie with a simple message :
    A little math now and then, will keep the mental
    illness away : This prescription, being in stark
    contrast to the "star search", song and dance,
    musical numbers young persons are encouraged
    to pursue. Oddly, "they" do seem to be discouraging
    the gangsta-rap genre.
    Of course, it is not paranoia, when they
    really are after you. No, it is "being safe".
    Rewriting the script would not be enough - for a catchy
    title helps draw them in : A Beautiful Mind, is a great
    title, speaking of something invisible - but does it really
    get across to people the threat to individual liberties
    the "mental health religion" poses? How about another
    title? : Tom Cruise was right about psychiatry. And
    Brooke Shields, wrong. .. Does that title work for you?
    Not too subtle, huh? No, I think "they" definitely got
    the title right.

    • @boliussa
      @boliussa Před 3 lety +1

      You write "Interesting. Between 3:50 and 5:00 we are
      told that the movie, Beautiful Mind, deliberately
      misrepresented the facts of John Nash's life,
      so that "they" might create a commercial to
      promote "the Mental Health Authority" as a
      legitimate policing agency, of the New World
      Order. "

    • @BeckBeckGo
      @BeckBeckGo Před 3 lety +2

      I think what happened there was the responsibility of keeping the mentally ill safe. Some can do without drugs, better even. But some people who are severely ill may do themselves a lot of harm if they're not properly cared for.
      In a lot of cases, psychiatric or neuroleptic drugs are not mysterious. They are like insulin. And until a better solution is found, they keep you alive. Literally, in many cases. Literally alive.
      I'm not suggesting the mental health care in some places is not a fuck-you, broke-ass system, because it is. But I don't think that has anything to do with what the producer was trying to do.

  • @djalilovarakhmatovna1790
    @djalilovarakhmatovna1790 Před 4 lety +3

    Does have somebody the text of this speech?

    • @assaad33
      @assaad33 Před rokem +1

      Here you go: www.osce.org/files/f/documents/b/e/102073.pdf I found it

  • @MissBurr1
    @MissBurr1 Před 4 lety +13

    Dont it make you sick that they invite the great Dr.Nash, and immediately start talking about his weakness, instead of his greatness, and all he accomplished.

    • @boliussa
      @boliussa Před 3 lety +5

      you didn't understand the depth of the introduction, it wasn't talking about his weakness at all , it was talking about his strength and correcting a misconception.

    • @BeckBeckGo
      @BeckBeckGo Před 3 lety

      @@boliussa yes and this is true as well but they didn't even give a preamble to the actual subject. Which is just a basic academic courtesy. I suppose academia isn't used to somebody like this. I don't know.

    • @theovetscovers
      @theovetscovers Před rokem

      Hey guys, actually the speaker within the first few minutes of introduction made it clear that on their program broucher there is an extensive list of Dr. Nash’s accomplishments. That he didn’t want to bore the audience but rather engage then and talk about how he over came his own illness as a warm introduction

  • @KulaGGin
    @KulaGGin Před 12 lety +1

    Where is Russell Crowe?
    Interesting speech.

  • @claudiohess7692
    @claudiohess7692 Před rokem

    He was reading all the time!!
    😮😮😮

  • @AJ-nb8ux
    @AJ-nb8ux Před 2 lety +1

    Legend

  • @partlysunnydk
    @partlysunnydk Před 9 lety +9

    Hmmm....I always question death by accident.
    But, RIP.

  • @damujen
    @damujen Před 4 lety +4

    Satoshi Nashkamoto

  • @StephenCRose
    @StephenCRose Před 3 lety +2

    Making him stand through the intro was not too swift.

  • @PriceCollect-ey7xl
    @PriceCollect-ey7xl Před rokem

    I am like you may be ,but your genius

  • @majahmed4059
    @majahmed4059 Před 9 lety +7

    its seems there a lot of accident happening-in our world....
    ....

  • @dionlindsay2
    @dionlindsay2 Před 5 lety +1

    Ridiculous that a modern university should have so many problems allowing questions to be heard on the stage - it must be embarrassing. And why not solvable?

  • @johnstfleur3987
    @johnstfleur3987 Před 2 lety

    GOD.

  • @ODexiko
    @ODexiko Před 10 lety

    questions coming from the public, i have not understand it at all (bad sound quality)...answers from Nash, ware almost the same (well, hard to understand the point)...until i turned on the subs (wich is not that great made, and i was mostly confused)...all in all i dont know why i wasted time watching this video...oh yeah thats right,now i remember... he is the man from "Beautiful Mind"...well, i geuss, it was time worth spendig, cause that is one of the best movies i ever watched...ore is it maybe that just my english sux, oh i dont know im wery confused

  • @TommyLikeTom
    @TommyLikeTom Před rokem

    ah, Scranton, the electric city.... They call it that because of the electricity.

  • @PriceCollect-ey7xl
    @PriceCollect-ey7xl Před rokem

    Can we use internet on moon

  • @marcusaurelius6607
    @marcusaurelius6607 Před 2 lety

    skip to 6:20

  • @BlueAngel-ci9zm
    @BlueAngel-ci9zm Před 5 měsíci

    That men not crazy. They made him crazy

  • @AmyAmy-er8bp
    @AmyAmy-er8bp Před 5 měsíci

    Liquid Chlorofil. Make it available everywhere. A tak Zelen to je snimayet.

  • @johnstfleur3987
    @johnstfleur3987 Před 2 lety

    NUMBERS 23:19

  • @locledang
    @locledang Před 11 lety

    cool

  • @BeckBeckGo
    @BeckBeckGo Před 3 lety +2

    Money is tainted with this sense of immorality because it has no immediate value beyond trade. If I trade a cow for ten chickens, I'm getting ten chickens. That has a value that I can quantify. It's not just something tradable, it's also meat and eggs in its own right. Even gold or diamonds are only valuable because they're hard to find. That feels like an unstable value. So people don't trust it.
    The value of money (or anything whose only value is it's own trade value) is subject to a lot of arbitrary and unrelated impacts. A chicken is always as valuable as a chicken. Chickens are stable. Paper or elemental solids are not.

    • @bennichols1113
      @bennichols1113 Před rokem

      the value of trade is inestimable. trade is a keystone of humanity. give you ten chickens for a cow in a bird flu epidemic any day. so products as a store of wealth have their own issues. the word value denotes a generalized quantability. applying a monetery value to goods and services is a much simpler system than having to relate everything back to chickens or cows. plus if you want to go to a concert and it costs 5 chickens or half a cow and you only have a cow, well how is Bessy going to feel about that. gold is gold, it stays as gold. a chicken turns into a bad smell and flies. chickens are not stable. there are zero chicken parts in your cellphone but there is gold. question, what is the value of ten chickens?

  • @MrDoctorFog
    @MrDoctorFog Před 9 lety +4

    Unfortunately nowday the genius John Nash is still too far from the ignorance of the average people... and the fucking and deadly capitalistic philosophy...
    You were one of the most genius person in the second half of the last centuryJohn...
    RIP

    • @Tenebrousable
      @Tenebrousable Před rokem

      Capitalism provides you everything you got. Government, with moneyprinting or otherwise, take it away. Capitalism offers you goods, because you value them more than the money you trade for it. Government just takes your money, and gives pennies in return, mmaybe. Local government is always the most deadly thief in any geo location.

  • @brightful5
    @brightful5 Před 8 lety +1

    he is good but boring hard to follow

    • @BeckBeckGo
      @BeckBeckGo Před 3 lety

      Haha he reminds me of the average very old person. They ramble a bit I think because of the brain slowing with age. Lots of filler words so they can think of what comes next.
      I like it though. I was raised largely by elderly so I'm used to it.

    • @BeckBeckGo
      @BeckBeckGo Před 3 lety

      Also I don't know if economics is your subject but it's not mine. Math is, but not econ particularly, and certainly not questions of money, so I miss a lot of the subtleties.

  • @favorednation34
    @favorednation34 Před 6 lety +1

    he is reading this.... this is not his work..... sad. he was a great man

  • @charlescunningham1872
    @charlescunningham1872 Před 5 lety +1

    Pretty bad presentation but good ideas

  • @iwilrage
    @iwilrage Před 2 lety

    No no no....he is brilliant but reading slides is worst thing ever

  • @paulstokes5264
    @paulstokes5264 Před 6 lety +1

    Bleeding ordinary and boring - really high school concepts ...

  • @pashazafar3490
    @pashazafar3490 Před 6 lety

    Not good explaining things to people.

  • @AmyAmy-er8bp
    @AmyAmy-er8bp Před 6 měsíci

    all they had was horse dose of diarrhea drug. @Gluxd pokem.