Euro architect generated new financial idea

Bernard Lietaer exclusive funancial idea

Invited to participate in the movement of "occupy Wall Street," Bernard Lietaer,  well-known economist and architect of euro currency, has made its information contribution to saving the global financial system.


The idea is called ECOs: a proposal that would make it possible for a city or region to fund ecological and/or social programs without burdening the authorities' budgets.

ECO, or  Environmental Conventional Oof


I have checked this information by calling personally Lietaer. And I received from him an even more exclusive information. Moreover, it is a sensation!

Representatives of the Obama administration contacted Lietaer, and asked him to submit his idea through official channels.

About ECO.

Conventional means includes among others paying all labor required at market rates for all the relevant work. 
The purpose of the system is to encourage green and healthy activities, beautify the neighborhood, and generally improve the quality of life in the neighborhood. The starting point was a survey with the question: What would be most desirable to the local resident population. The answer, particularly for the inhabitants of the apartment buildings, was to have access to a few square meters of land for gardening, for growing vegetables and flowers. The city provides access to the land: An old factory site that had been demolished and the land was left untended, plots of land that are waiting for building permits, a back part of a park, even the center of a large traffic roundabout. The land is made available for rent on a month to month basis. 

Local NGO's whose mission is in alignment with that intention would also be invited to get involved. 

TOP disruptive technology and Thiel opinion

Top-10 technology of future was identified by Future Rating association.
It is rated "critical" technologies, so named because they have the capacity offered by new markets significantly below the size of markets, "close" as a result caused bytheir increased productivity. Their use will make unnecessary a lot of common plants,and thus - eliminating jobs working for them. A classic example of "closing" of technology - technology consolidation of rails that can lead to a threefold decrease indemand for them, and to a corresponding reduction in their release.


One of venture investor having long term vision, Peter Thiel said about tech innovation:
 “Innovation in the world today is somewhere between dire straits and dead … outside of computers and the Internet, we’ve had forty years of stagnation.
The question about a tech innovation slowdown, the remarkable question is really why this question is not at the surface. If you were to take a very simple Socratic method, and start with just what are the common opinions people have, not in Athens but in America, the common opinion is that things are on the wrong track. That their kids, that the next generation, will not be as well off as the current generation. These common opinions, while they may be right or wrong, are completely at odds with the sort of techno-optimism that is so prevalent in these discussions.

New Peter Thiel initiative

After Peter Thiel initiative in education,
welcome to the most technology advanced program in venture world.

Calling for more rapid innovation in science and technology, Peter Thiel today launched a new program of the Thiel Foundation, Breakout Labs. Speaking at Stanford to an event organized by the Business Association of Stanford Entrepreneurial Students, Thiel announced that Breakout Labs will use a revolving fund to improve the way early-stage science and technology research is funded by helping independent scientists and early-stage companies develop their most radical ideas.

"Some of the world's most important technologies were created by independent minds working long nights in garage labs," said Thiel. "But when their ideas are too new, unproven, or unpopular, these visionaries can find it difficult to obtain support. Through Breakout Labs, we're going to create opportunities for revolutionary science by cultivating an entrepreneurial research model that prizes extreme creativity and bold thinking."

With venture capital shifting to later and later stages of development and commercialization, and with ever shorter investment time horizons, there are few available means of support for independent early-stage development of science and technology. But many of these technologies are ripe for the same kind of innovations that began in computing during the 1970s, when small, visionary start-ups began to take on industry giants who wielded much bigger research and development budgets. Breakout Labs will accelerate this trend.

"Venture capital firms look for research that can be brought to market within five to seven years, and major funders like the National Institutes of Health have a low tolerance for radical ideas," said Breakout Labs founder and executive director Lindy Fishburne. "At Breakout Labs, we're looking for ideas that are too ahead of their time for traditional funding sources, but represent the first step toward something that, if successful, would be groundbreaking."

Three core conditions of Breakout Labs funding set it apart from traditional research dollars.

• The work it supports is entrepreneurial and fully independent from formal research institutions.
• The work is at an early stage, possibly even before proof of concept, but success would be a critical step toward a potential breakthrough that could dramatically change the world.
• The work will support the acceleration of innovation through revenue-sharing and open access publication.

Breakout Labs funding is not a typical foundation grant. Instead, successful projects will help support the next generation of scientific exploration by assigning a modest portion of resulting revenue back to Breakout Labs.

"Over just the last few years, incredibly powerful research tools have become available at prices that researchers can afford outside of a university or government-supported setting," said Clarium managing director and Breakout Labs cofounder Ajay Royan. "We're on the cusp of a tremendous explosion in entrepreneurial science, and Breakout Labs is going to enable more and more independent visionaries to change the world."

Projects from across the spectrum of scientific disciplines will be considered for support, and funding will typically range from $50,000 to $350,000, but may vary substantially. In the interest of accelerating scientific development, support from Breakout Labs requires investigators to maximize the dissemination of the resulting innovations, either through open access publication or intellectual property development.

The Foundation has begun evaluating proposals and expects to announce the first awards as early as December 2011.

For more information or to submit an application for consideration, please visit www.BreakoutLabs.org

Peter Thiel initiated the technology talent fund?

Peter Thiel opinion:

Innovation In The World Today Is Between ‘Dire Straits And Dead’

"Our world needs more breakthrough  technologies,” said Thiel. "From Facebook to SpaceX to Halcyon  Molecular, some of the world's most transformational technologies were  created by people who stopped out of school because they had ideas that  couldn't wait until graduation.

“This fellowship will  encourage the most brilliant and promising young people not to wait on  their ideas, either. The Thiel Fellows will change the world and call it  a senior thesis.” The Thiel Foundation will award 20 people under 20  years old cash grants of $100,000 to further their innovative scientific  and technical ideas.

The Thiel Foundation will award up to 20 people under 20 years old  cash grants of $100,000 to further their innovative scientific and  technical ideas. In addition, over a two year period, our network of  tech entrepreneurs and philanthropists—drawn from PayPal, Facebook,  Palantir Technologies, Founders Fund, the Singularity Institute, the  Seasteading Institute, and others—will teach the recipients about  creating disruptive technologies and offer mentorship, employment  opportunities, support, and training.

Though applicants may already have in mind scientific or technical  ideas, the Thiel Fellowship is not limited to those with developed  innovations. The purpose of the Fellowship is broad: the grants are  intended to enable the recipients to achieve a specific objective,  produce a report or other similar project, or improve or enhance a  scientific, technical, or charitable capacity, skill, or talent.

Future trends. Following Paypal gang

Virgin Group's Richard Branson invests in Square following Paypal experience.

The business mogul gets in on the mobile payments scene shortly after investing in Tumblr

Mobile and social. Is it a main trend?

PayPal founders Peter Thiel and Max Levchin are bad visioners. Why they left their company?

What do they think about the future and what they invest now?

Thiel, aside from being on the Board of Directors for companies like Palantir Technologies, Geni, and Asana, an early investor and former board member at Facebook, and also happens to be founder and president of hedge fund Clarium Capital as well as Managing Partner of his VC firm, Founder’s Fund. Levchin was founder and CEO of Slide (which was acquired by Google),which he recently left when Google deadpooled all but one of Slide’s products.

Thiel and Levchin both famously steered PayPal (which they co-founded) through tricky waters during the crazy dotcom days, building it into the company we know today. Now, Thiel and Levchin are back working together, but this time on a different enterprise: A book. Along with Gary Kasparov, the two have written a book, called “The Blueprint: Reviving Innovation, Rediscovering Risk, and Rescuing the Free Market”, which is expected to be published in March 2012. At TechCrunch Disrupt in San Francisco today, Thiel and Levchin sat down with TC’s own Erick Schonfeld to talk about the changing face of innovation, disruption, and technology in the U.S.

According to Levchin, the basic premise of the book is, of course, “majorly controversial”, in that, despite what the popular media might tell us, innovation in the world today is actually “between dire straights and dead”. Both Levchin and Thiel said that they felt the need to call out the world, to wake up the average American, to the depressing state of deep innovation in our current landscape.

Although the tech industry has been one of the bright spots in the American economy, and every day a new Web 2.0 and 3.0 startup seems to pop up, both entrepreneurs are of the mindset that real, deep innovation is not taking place in today’s market. Instead, companies are solving small problems, creating features, and few are addressing the real, world-changing, hard problems that are still hiding behind the curtain. “It’s becoming a disaster which people in Silicon Valley aren’t even talking about”, Thiel said.

Levchin said that, while there isn’t a single cause of this innovation slow-down, they have both mutually come to the conclusion that the overall risk-taking culture has declined. The famous speeches that once inspired a generation to get behind the moon launch and NASA’s blasting our imaginations into space. Today, the space program is on its last legs, and privatized space travel is on the rise. But it’s a global problem, not just an American one.

Levchin said that we have all this technology that allows us to churn through ideas quickly, but “hard” is what often correlates to value, and startups today aren’s addressing enough “hard problems”. If you’re trying to find a new wrinkle to disrupt on Angry Birds, you’re not solving those hard problems.

“What’s desperately needed in our society”, Thiel said, “is companies that represent genuine progress, not just frantic change from one fashion to another”.

 

Thiel forecast

 “There’s absolutely no bubble in technology.”

This is Thiel’s Web 2.0 version of the infamous quote from Web 1.0 uber-VC John Doerr, who said at the height of the last bubble that the Internet was then “underhyped” (which turned out to be pretty accurate overall, except to investors who lost their shirts in the bust).

The Stanford undergraduate and law school grad is in many ways a breath of fresh air for Silicon Valley–an entrepreneur (he was co-founder and CEO of PayPal, which he flipped to eBay in 2002 for $1.5 billion and personally pocketed $55 million in the transaction), a center square of a new kind of VC keiretsu (ex-PayPalers have their mitts in everything from Facebook to YouTube to Slide and more) and, best of all, someone willing to say deliciously wild things (he’s essentially John Doerr unplugged).

“If we got an offer from someone for $10 billion, we probably would listen to them,” said Thiel