One day I found myself in TEDx event

2020, I decided to expose to anything. Learn as much, share as much. TEDx came to me by the students I taught last year. That is the time I know my stuffs touched few soul. This post dedicated to the experience I had. Hope you find it somewhat entertaining.

I am a fan of one speech one message. I kept that tradition in Tedx event this year. With the vast audience did not learn economics before, I dedicated my talks to the three assumptions of an economic agent. Something that first year student will learn in their first day at school. An economic agent is someone who:

  1. Self interested

  2. Rational

  3. Perfect information

With an ultimate goal of utility maximization. In economics, Utility maximization equals to asset maximization. When I was a student, I never questioned those assumptions. I was taught that I should be rational. I should think for myself upfront. There is a saying: who lives selfishly lives longer.

Those assumptions created a society where: consumers want cheap to get more; and producers produce more with cheap material, low attention to environment and workers. The world we live in will create the world we do not want our children to see.

It is time for us to change ourselves. Utility maximization should to align with asset accumulation anymore, simply because:

An attitude to life which seeks fulfilment in the single-minded pursuit of wealth - in short, materialism - does not fit into this world, because it contains within itself no limiting principle, while the environment in which it is placed is strictly limited

E.F. Schumacher

Here is the full speech for you.

In 2017, I came back to Vietnam with enthusiasm. I know I will find my passion. Looking back my old photo in the last Tedx in 2017, I realised have grown so much as a woman. Similar outfit: simple tee and wild pants but the mind is clearer. I have to thanks the education I recieve to get me on this stage. One on this moment I know the journey has just began and I have to evolve to the next talk.

Thank you 2020!

317 views1 comment