Securitizing Happiness: Hacking Human Suffering thru Financial Engineering (TEDxShanghai, June 2009)

Below are slides from my talk on "Securitizing Happiness" at TEDxShanghai later today.  This presentation is a slight update to the original talk i gave back in March 2008 at the O'Reilly Collective Intelligence FOO Camp, held at Google HQ in Mountain View:

Securitizing Happiness: Solving the World's Problems by Making Trillion-Dollar Markets for Individuals, Small Business, & Natural Resources

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Note: many of these concepts are still fairly raw, and since i'm not really a financial engineering expert they could certainly use further refinement... so your feedback and comments are appreciated.  That said, i'm optimistic the basic ideas here are viable, worthwhile and can have substantial economic impact on society in the future.

Comments

[http://cliveboulton.com]

Old fashioned securitization of individuals?

"Levi’s India to sell blue jeans on instalment plan"

url FT.com

[cliveboulton.com]

shocking. thrilling. bold.

shocking - securitizing mortgages without governance lead to Lehman Brothers triggering the global financial meltdown.

thrilling - securitizing creates liquid markets for trading and frees up assets for alternative reinvestment

bold - Enron innovated and failed in Energy trading. Lehman and AIG failed due to lack of risk mgmt. Securitization Happiness, why not...

opinion from NYUs Nouriel Roubini, url ( Jeffrey Skilling, prob would enjoy a good read)