48. Prognostication: Economics

In this video, Brad Sugars gets you thinking differently by explaining prognostication. In order to change the way one thinks in the future, it is important to look back through time and see how we ended up where we are today. Brad gives a brief synopsis on the history of economics to offer insight into where we want to go today. He takes the scarcity model of economics and compares it to the abundance model. Brad shows how prognostication allows you to see that technology can be used in most cases to handle scarcity and thus provides an abundance mind-set, one which is based upon a win-win approach.