Saturday, September 8, 2012

TED Talks: The $10T System D Economy (Carpe Diem)


TED Talk: The Power of the $10 Trillion per Year Informal Economy, World's 2nd Largest Economy



TED Talk -- Robert Neuwirth spent four years among the chaotic stalls of street markets, talking to pushcart hawkers and gray marketers, to study the remarkable "System D," the world's unlicensed economic network. Responsible for some 1.8 billion jobs, it's an economy of underappreciated power and scope.

Conclusion: "This economy is a tremendous force for global development and we need to think about it that way."

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