Econ101
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Transcript of Econ101
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices BBC MMX
The 300 second guide to macroeconomics(And how to move to Europe)
Curtis “Ovid” PoeCopyright 2011 by Curtis “Ovid” Poe.
http://www.slideshare.net/Ovid/http://overseas-exile.blogspot.com/http://www.twitter.com/OvidPerl/http://blogs.perl.org/users/ovid/
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices BBC MMX
Macroeconomics 101
Economics:The best use of limited resources
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices BBC MMX
Resources
• Land• Labor• Capital• Entrepreneurship
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices BBC MMX
A special case of labor
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices BBC MMX
A fixed quantity
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Built and maintained by labor
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices BBC MMX
What does labor need?
• Educated• Healthy• Mobile (foreshadowing)
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
Adam Smith
An Inquiry Into the Nature and Causes of the Wealth of Nations
http://commons.wikimedia.org/wiki/File:AdamSmith.jpg
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Invisible Hand
Informed self-interest
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Useful Information
• Accurate• Complete• Timely
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices BBC MMX
Real Resources
• Land• Labor• Capital• Information
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
The Information Economy
• Information is expensive!• How can we lower the cost?
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
Immigration
• “Knowledge workers” (Kennismigrant)• Countries closing borders• But not for knowledge workers
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
4 Jobs Per Person
• 3,800 IT workers for 15,000 Jobs[1]• Tax Advantages[2]• Easier immigration[3]• International companies are looking for you!
1. http://webwereld.nl/nieuws/105501/amsterdamse-ict-struikelt-over-personeelstekort-.html 2. http://www.iamsterdam.com/en/living/official-matters/thirty-percent-ruling3. http://www.expatlaw.nl/dutch_highly_skilled_migrant.htm
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
Want to live in Amsterdam?
Copyright 2010, Moyan Brenn, Creative Commonshttp://www.flickr.com/photos/aigle_dore/5086325695/
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
Work for us!
• System administrators• Network administrators• Database administrators• Back-end developers• Front-end developers• Android/iPhone developers
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
Benefits
• Tax breaks• Good salary• Bonuses• Five weeks vacation• Get paid to move to Europe!
Booking.com, part of priceline.com (Nasdaq: PCLN), headquartered on Earth, many offices galaxywide. www.booking.com/offices
Goto …
http://www.booking.com/jobs/