Can we help you invest in a lab with the world's most innovative networker?

where will the netgen's first YunusLab be? MIT (Boston)? HEC? NUS?
Each of You Has the Power to Change the World - Commencement Speeech MIT, Boston, 8 June 2008

This site  The Web 


 If you want to live in place where there are lots of great jobs, where economics, media and professional experts are those who invest in your children's futures, where the net generation becomes 10 times more productive than any in history, where youth's greatest goals including end poverty are invested in, and work on the most vital services people need is celebrated by media, superstars and economists then I recommend you join a network investing in a Muhammad Yunus Lab. Here are some of the different foci and investment styles. RSVP if I can guide you with more information or if you know of another exciting way to invest in yunus lab, or have a look at how to action social business on every day in every way.

Norman Macrae (The Economist Unacknolwddged giant, founder of enjtrepreneurial revolution netwoirks and first journmalist of te internet generation) rated social business the number 1 way of stimulating economics revolutions becuase this modeling approach is truly transformative. Specifically, any sustainable innovation you want to network must first identify what conflict is currently causin systemic collapse - and how the model is going to help resolve the conflict before people can be confident that a vital service will scale. You will see that our different labs presented in columns below begin with identifying a conflict that all concerned with that type of innovation will need to collaborativeky resolve if their solutions are to turn out to be both economical and sustainable in evey community whjere people can most productively gain from the intended SB ution.

Yunus Lab connects various collaboration resources: where partners debrief each other (as well as investors, youth and yunus)on particular practice -eg technology - advances 


SBDays- worldwide celebrations pf SB on every day in every way. Starting in 2009, we convened the first yunus birthday wishes dialogue in dhaka which has since evolved into the annual worldwide Social Business Day; our family association was also the main sponsor of Glasgow's 2010 7th decade wishes assembly of friends of yunus, where ideas that have been turned into action include Journal of Social edited by Adam Smith Scholars, and linking all knowlledge of all the most joyful pro-youth economists between Adam S and Muhammad Yunus


 Context - July 2011 interview with Bloomberg NewsTechnolgy Partnerships in 2010s most exciting decade  Innovations that chnage banking and economics Innovations that chnage economics and media or education Innovations in how local government and social leaders create jobs Innovations in ending poverty Innovations that match jobs with youth's greatest goials Innovations in going beyond politics within one nation and empower people's talents to be valued across nations Innovations by ensuring a global market leader is celebrated for being most purposeful its ector can beInnovations that work to meet sustainability's most urgent deadlines  Innovations linked in to the world's 50 most exciting projects ever invested in
World's greatest innovator ? - a magnet for accolade and criticism 

Tom Keene Bloomberg: I last spoke to him in Davos, he is the Nobel peace prize winner and a magnet for accolade and criticism. You have got to help me here and I thank Marralyn Bunting at The Guardian for pointing out that you are ancient, you are old you are a sprightly 71 and the guy that fired you was a 77 year old finance minister . Only in Bangladesh could that happen. You were let go because of your age, that was the back story at Grameen Bank.


Yunus :  That’s true : their position was I should have resigned when I was 60 years old and now that I am 71 how could I continue in my position. I said you should have reminded me 111 years back why 11 years later but they insisted I quit, and I did quit


Tom Keene: There’s been a lot of criticism. How do you respond to a global or local bangladesh criticism to this bank that you established and microfinance that I will suggest was absolutely revolutionary even within development economics- where did this turn into a critiocism


Yunus: Well the criticisms are always there they cant figure out can you lend money to the poor people and still run a bank and make profit – the profit goes to the poor poep because the bank is owned by the borrowers- there’s something fishy that must be there otherwise it doesn’t make sense. We keep telling them it’s a very transparent system, people take the money, use it for income generating purposes , pay us back, not only does it work in Bangladesh and rest of the world it works right here in new york city. I was just coming from one of those groups who were taking a loan and they were very happy with that. There’s no problem


 Tom Keene: I have a wrong stereotype of bangladesh. Check out this chart folks (I didn’t know this – here are Bangladesh exports – up and up we go – bangladesh as a country is not the stereotype that we know of 30 or 40 years ago – what does the west most get wrong about Bangladesh


Yunus: People still think that Bangladesh is still the same old way of about 30 years back., That’s wrong- it’s a brand new country. The empowerment of women is a very significant part of bangladesh today. It is the most dramatic change that has happened to bangaldesh. The impact on women is empowerment and the fact that they are participating in many social and economic activities and microcredit is all over the country – the kind of banking  that we introduced in bangldesh – 80% of the poor families within the network of grameen microcredit program so this is an enormous amount of money that goes into the hands of the poor people particularly power wonen


Tom Keene: Here is a chart that shows the divide per  capital in GDP in various countries

  We have usa up top , china way below it, this is a surprise to many people in USA who are afraid of china -then India and balgladesh of course  -to close that gap do you support the economics of Jeffrey Sachs or of  bill easterly  which of the those 2 do you  support


Yunus: I would say that we need to focus more on institutional changes before we talk about the amount of money or the incentive mechanism as we need to change the framework – like for example the financial system doesn’t go into the areas it is most needed among the poor and the remote areas. We need financial reform of the institution


Tom Keene” How do you get them to pay back the loan – because they are earning an income they pay you back, as they earn they are paying back, money is recovered on a weekly basis to make it easy – that is why it has spread all over the world even in new york city and Nebraska


Yunus: Here’s an idea folks- go read the nobel lecture ; its one of the bests of the web – where you learn the bio and the lectures of the various nobel winners- here’s dr yunus- bring up the first quote

 in a poverty-free world the only place you will be able to see poverty is ion the poverty museum when children take a tour they will be horrified to see the indignity that some human being had to go through 

Tom Keene: You put that in the past tense -  can you say that know that there is a poverty museum’


Yunus: Not yet but they should be created- every country should create them


Tom Keene: So the gloomsters at Columbia have this wrong  - in truth there is a developing Africa, a developing bangladesh, its not as bad at the margin as it was 20 years ago


Yunus: Absolutely the emerging nation , the technology changes everything, bangladesh is a country where in just ten years most people have a mobile –today 65 million mobile subscribers- the internet services are flowing into te remote areas through the mobiles so the technology is changing these countries and the policies very fast


Tom Keene: If you were president obama what would be your policy prescription for the unite d states to at te margin assist bangladesh


Yunus: Of course we need global assistance but that doesn’t mean money will solve everything – it’s a question of designing the right sort of thing; I am talking about designing social business – business today in the world is about making money obsessed with making money – social business is about creating business to solve problems without any interest in personal gain – that’s social business-


Tom Keene: Sounds like an idea for Michael Porter who is very influential – myunus thank you for coming by


Thursday, August 25, 2011

Yunus Lab at MIT ?
If only there was a social business led hub in boston - what 50 net generation change leading networks could meet there

1Many from Negroponte's MIT media lab including:
1.1 youth artists peace corps using opera as their way to ground the high and mighty in village economics

1.2 lie to me software developers so that soon any ad or other video screened to you cdan come with your own lie detector test- in parallel anyone looking into a screen can take their own vitals measures such as heartbeat

1.3 dozens of competition formats designed round empowering students to create jobs and understand smart uses of mobile connetivity

1.4 $100 laptop revolution of what hapens when a calssof students knows more about computer practice than their parent, communities or educational system

2.1 www work of berners lee

3.1 foundation work of sloan as biographer of von neumann and investigator of new economics syllabuses - with above zero sum game models that von nheumann assumed would lead buisness education in computing age

4.1 extremely affordable healthcare partnerships of bgrameen america such as ge's $2000 micro ultrasound for rural digital healthcare movemnts

5.1 african microcredit linkins through boston office of which organsies its annual galas in sloan management school

6.1 experiments with grameen banking outlets owned by unbanked in home town of warren buffet and up wall street and mad avenues alleys
7.1 links between MITEF gala evfent in dc embassy of france and obama start up programs supposedly led by founder of
8 green - grameen america used to house grameen energy's division abroad but it was mistakenly officed in new york not boston - time for grameen shakti and MIT to share what they know about green engineer networks all over the world especially with china and japan partnerships yunus is already hi-trust epicentre of ; grameen america also used to directly linkin to thegreenchildren pop group whose net generation song "you cdan hear me now" fundraised first 2 replications of eye care SB hospitals in bangladesh

9 other MIT you can opportunities to connect the net generations 3 greatest entrepreneurus in what could have been the 40th anniversary of the graetest grassroots networking nation on earth - yunus' co-innovator of digital vilage telcentres based in boston, yunus and sir fazle abed 

10 Alumni of Yunus prize competitions and all student job creating competitions

11 Upside down poverty (and other) labs

12 relink with the 200 social capital chapters fast company used to sustain during peak interest in dotcoms as everyones opportunity to be community entrepreneurs

rsvp help with Norman Macrae Economist Family Foundation Survey of Youth's Most Exciting Job Creating Networks

click pic to download journal of pro-youth economics


click pic to The Economist audio & 35th year
 of linking in Entrepreneurial Revolution Nets
.The unacknowledged giant
The Unacknowledged Giant's ER Nets
. Disaster Movie


Dear R cc naila, yunus

fantastic to see your exciting work yesterday

 you are one of the more immediate cases of why what mit and yunus and youth want for the world seems to me to MAP round the same action vision; I do hope dr yunus sees your work some time very soon; if it suits you, naila will know how to arange this from his side 

your question = on the subject of business models : my main tip is don't ever let the majority of shares leave the control of yourself or the trust that you mentioned as representing best uses of the methodology including helping families involved with autism

I have been studying what media does to young people - impacts good and bad (addicts) all my life; MIT's Glen Urban and Harvard's Alvin Silk accidentally got me started in 1980! and more recently Glen has introduced me to various deans (footnote)

ending the advertising spot's dominance is one of my professional friends agendas for over 20 years now! as well as something I regularly discuss with yunus parisian partners danone and HEC as well as shareholder activists that my family links in at The Economist

clearly your business can both get huge funds from ad world and change it ; somewhere down the line ad world will try and buy you out- the idea that one day my screen (tv/computer) can give me warning signals as I watch a video of who's lying to me is not something the ad industry (or less than whole truth politicians of any profession) can survive round!

contact me at any future time if I can be of use as a sounding board- chris macrae washington dc 301 881 1655 skype chrismacraedc

RE: MIT & norman macrae foundation survey of world's top job creating universitiesFriday, 10 June, 2011 I would be glad to help you, but I am really in Marketing and no longer dean.  I think you would be better off talking to one of the deputy deans and a professor of entrepreneurship at MIT.  To that end I am referring this to deputy dean Joanne Yates.  Let me know if you do not get what you need there.  Thanks for thinking of us.

From: christopher macrae []
Sent: Friday, June 10, 2011 9:51 AM
To: Glen L Urban
Subject: MIT & norman macrae foundation survey of world's top job creating universities

Dear Glen

The foundation dedicated to my father Norman Macrae , The Economist's main journalist of entrepreneurship and the internet between 1949-1989,  wants to identify a world league table of universities that do most to create jobs and help youth openly network entrepreneurial spirit.

MIT is the only university we would consider as first benchmark in USA. Could a member of our research team make an appointment to interveiw you on clues as to what MIT does entrepreneurially and differently in empowering students and job creation leaders

We are hoping to issue a first debriefing of this at French Embassy DC which recently hosted a MITEF gala. This aims to celebrate the time that US congress has asked dr yunus for testimony on microeconomics and mediating purposes that multiply goodwill networking.


Chris Macrae

Washington DC 1-301 881 1655


Some other connections

for 10 years in 1980s I worked in Paris at your partner company Novaction that developed global market models linking in societies from 40+ nations  with your express database software

my dad and I wrote the first book on the internet in 1984 and my own passion is ways of valuing trust and sustaining unique purpose

Dad's biography of Von Neumann was sponsored by Sloan Foundation

My father believed that many of the ideas that Bangladesh created during its first 40 years were grounded in the microeconomics and grassroots networking of urgently needed innovations that  he believed in most. These included maps relevant to schumpeter's 2 million global village networking model - so the other university we are studying first is Muhammad Yunus and Sarkozy's choice for exploring new economics HEC; we are also working with some Adam Smith researchers in my family's original home region of Glasgow

The other main project of Norman Macrae Foundation is intitial funding of Journal of Social Business


Corespondence with organisers of student entrepreneur competitions

I am next in Boston around 28 september ; naila will update yunus continuously but I have an hour with him in dhaka on 11 september. I will be better prepared logistically on 28 sept -please say if either of you would like up to 30 copies of the inaugural issue of journal of social business to share around. We'd like to work out how to carry a free one page ad at back of journal on all your progress with the prizes and competitions - nowhere else has a entrepreneurial participation process like yours
I am also a bit confused by the many journals and entrepreneur newsletters published out of Boston. Do you think there is one whose editorial team I should try to see first. I would like to swap publication of abstracts - ie what related to yunus and youth productivity goals is that journal publishing. and which article abstracts from Journal of Social Business might it like to carry. Its a pity fast company and its social capital chapters in 200 cities coordinated out of boston didnt survive independently - journalistically I know its 2 original energisers Alan Weber and Heath Row well (both are now on west coast)
You may know that Paris has scaled up hundreds of youth and yunus initiatives as well as 2 one-hundred million dollar investment funds (emerging sustainability investment and job creating stockmarkets) because it has one collaboratively designed portal for all french entrepreneurs and major institutional partners who want to interact with yunus goals . That's also why I listed French projects first in the survey of yunus 50 most exciting collaboration challenges of 2010s net generation *the a3 page" . France celebrated a national record of 650000 startups last year.
If ever US is to do something similar -and get back to helping youth job create - I feel Boston will be its content editing centre -and place yunus needs to visit most - because you already have so many living entrepreneur networks largely due to efforts of you and your peers

Naila's team and I have just been treated to a marvellous 2 days by many entrepreneurial teams at MIT media lab with extra insights filled in by sponsors of the lemelson prize (both MIT and Smithsonian),  and the team that runs the year long student connections with entrepreneurial prizes; we also heard of how identifying MIT as world's number 1 institute of  job creating entrepreneurship started with publications in the 1990s 

The main action point I will recommend is to prioritise a yunus tour of actual entrepreneur teams and youth's goals inside MIT - since there were at least 3 teams we met where their work and yunus seemed to me to hugely overlap

Naila will debrief yunus next week, and I will be debriefing yunus in dhaka on september 11 this and other educational issues that most concern my father's foundation. Additionally, Yunus female co-founder has just be freed up to tour educational world's most exciting hubs - whilst this has always be her main joy, admin work at bank had previously been taking up her time. My family aims to sponsor her trip to - the 31000 montessori-gandhi schooling system in lucknow india; we are still searching for china's equivalent youth network as part of my dad's map for asia pacific worldwide century


Tomorrow's workshop -

2 billion people - novel suggestions for East Asia

The Economist. Saturday, 7 May 1977.
Pages s7-s11. Vol 263, issue 6975.


The Economist 
Asia Pacific Century
The Economist. Saturday, 4 January 1975.
Page 3. Vol 254, issue 6854.

The embarrassed heir 
The Economist. Saturday, 4 January 1975.
Pages 15-18. Vol 254, issue 6854.


Any time after Sept 20 would be convenient for me to come up from DC and see you in boston, and check how to improve ideas. If Norman Macrae family foundation and journal of social business can help sponsor a yunus day wholly devoted to touring the labs and talking to people/youth with live entrepreneur projects at MIT. I hope we can all work on maximising this itinerary's productive impacts for 2010s net generation.

Now that yunus can't freely use rural bangladesh as his main Lab to inspire youth and digital job creation, its really urgent from his side to know where is best for youth to spend his time and open source his experience. I feel strongly that the rest of his life mission depends on what first flow selections are trusted and made.


chris macrae wash dc

301 881 1655

A dream worldwide tour of MIT & 10 Other Places -rsvp - eg here's a first sighting of why our journal circles are interested in links between singapore, china and bangladesh:

gordon , and friends

q1- i want to plan a trip to singapore in next 6 months - its youth are one of the hugely productive interconnectors for end-poverty entrepreneurial revolution meets open net generation tech, and I would love to meet you and see your schooling system 

q2 halima enabled various of us to chat with number 2 person in $100 laptop project at mit earlier this week- I want to avoid the controversy of whether they were savvy in the tech and marketing choices they made- what they have done with huge passion is connect 3 million poorest children -usually 1000 to 100000 (ie one school or many of a region's schools) in all owning a computer (designed to look in on each others actions) so that the pooerst kids gain the confidence to communally teach parents and educators to explore future possibilities with utmost curiosity and collaboratively. Moreover at MIT negropronte has created a lab with at least 250 extraordinary innovation experiments going on which are not connected with laptop other than he liberated really far out innovators to come hub round his own extreme entrepreneurship) 

this seems to me to resonate with the revolution idea of action learning and net generation at heart of all our wishes/experiments/journals on how to transform education since 1984 hence my question as to whether you have criss-crossed with $100 laptop experiments and leaders anywhere

the next 2 months may be the biggest one for friends of bangladesh to ask about educational progress made over the nation's first 40 years- that's because those most passionate about education have been freed from operational issues of banking, and are planning worldwide benchmarking visits

to be able to invest in connecting the most entrepreneurial educators I also need to get the best information maps on who's revolutioary who in china - a subject I know you know a lot about

I am trying to help people find ways to connect world's most revolutionary educators; if you have other ideas of how please say


Among alumn and others who love building MIT, there most be a source of funding YunusLab MIT so it grows and grows- I will try various sloan contacts; there are many investors in the economist I can try but they need to think through banyan first

alos london collaboration entrepreneur linking is peter ryan: microloanfoundation hosted the largest student clubs of microcredit youth practioners in london and boston-  malawi is their practice lab of microcredit and are arguably afriac's greatrest success story ap-art from the amazing in kenya; one of peter's annual events was hosted in sloan management school and guested both by the head of the entrepreneur school at MIT and a someone representing the sate os massaschussets

lets make MIT as important as paris in sustaining youth and yunus exciting 2010s visions- I think Monica would love that opera is one of the media lab's entrepreneurial compasses

best chris

301 881 1655 skype chrismacraedc


Timeline of Computing's Most Open Spaces
by early 90s MIT has attracted bioth berners lee (www) and negropronte (media lab)
by 95 iqbal quadir and yunus intereactions between mit , norway and dhaka scale up mobile phones in vilage as tech greatest enetrepreneurial revolution
back in mid 20th C von-neumann was father of open computing - this is the fitrst thing that I focus on when helping my father resarch biography of von neumann: : Johnny grabbed other people's ideas, then by his clarity leapt five blocks ahead of them. and helped put them into practical effect. We think this is the social action that smart people exist to mediate - especially when you joyfully adopt Johnny's belief that computers will allow research teams to tackle one hundred times as many projects 100 times more quickly.
9:35 am edt 

Tuesday, July 26, 2011

Diaries to the Immediate Future
Prep for August 2011 - Yunus number 1 tech CEO is in east coast usa and friends and I are arranging diaries particularly with anyone who shares yunus spirit of innovation at MIT.
7:46 am edt 

2011.08.01 | 2011.07.01

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