As the world's economy muddles through "the great recession," how will capitalism and the global economy reinvent itself? TED speakers -- including Niall Ferguson, Naomi Klein, Alain de Botton, Stefan Sagmeister and many others -- place their bets and discuss prosperity. Your role as budding economists and business professionals is to review, research, analyze, and discuss the principle ideas of one of the contemporary thinkers and their TED Talk, which are listed below: Niall Ferguson: The 6 killer apps of prosperity. http://www.ted.com/talks/lang/en/niall_ferguson_the_6_killer_apps_of_prosperity.html Shashi Tharoor: Why nations should pursue "soft" power http://www.ted.com/talks/lang/en/shashi_tharoor.html Jacqueline Novogratz on patient capitalism http://www.ted.com/talks/lang/en/jacqueline_novogratz_on_patient_capitalism.html Stefan Sagmeister: The power of time off http://www.ted.com/talks/lang/en/stefan_sagmeister_the_power_of_time_off.html Barry Schwartz on the paradox of choice http://www.ted.com/talks/lang/en/barry_schwartz_on_the_paradox_of_choice.html Nic Marks: The Happy Planet Index http://www.ted.com/talks/lang/en/nic_marks_the_happy_planet_index.html Alain de Botton: A kinder, gentler philosophy of success http://www.ted.com/talks/lang/en/alain_de_botton_a_kinder_gentler_philosophy_of_success.html Halla Tomasdottir: A feminine response to Iceland's financial crash http://www.ted.com/talks/lang/en/halla_tomasdottir.html Naomi Klein: Addicted to risk http://www.ted.com/talks/lang/en/naomi_klein_addicted_to_risk.html Paul Collier on the "bottom billion" http://www.ted.com/talks/lang/en/paul_collier_shares_4_ways_to_help_the_bottom_billion.html Benjamin Wallace on the price of happiness http://www.ted.com/talks/lang/en/benjamin_wallace_on_the_price_of_happiness.html Rachel Botsman: The case for collaborative consumption http://www.ted.com/talks/lang/en/rachel_botsman_the_case_for_collaborative_consumption.html Chip Conley: Measuring what makes life worthwhile http://www.ted.com/talks/lang/en/chip_conley_measuring_what_makes_life_worthwhile.html Martin Jacques: Understanding the rise of China http://www.ted.com/talks/lang/en/martin_jacques_understanding_the_rise_of_china.html John Gerzema: The post-crisis consumer http://www.ted.com/talks/lang/en/john_gerzema_the_post_crisis_consumer.html Auret van Heerden: Making global labor fair http://www.ted.com/talks/lang/en/auret_van_heerden_making_global_labor_fair.html Accurately follow the instructions listed below for you and, at your own discretion, with a partner from the class: a. Select a video of interest, watch it, and think critically about its content. b. Explain why you selected this TED Talk? What interested you? Et cetera. c. Read the "Profile on TED" for the lecturer you viewed, and explain who they are and why people should listen to him/her. d. Select your favourite quote by this individual, and explain how it relates to economics or business. e. What do you believe to be the lecturers thesis statement? f. Develop your own thesis statement either for or against the lecturers views. g. Expand on your thesis statement by utilizing the information from the TED Talk and other literature to support your claim. h. Reference your claims by citing both the TED Talk and any literature you utilize. i. Ensure that any citations and your works cited page are completed using MLA. j. Your work should be at least 4-5 Pages double spaced. This research assignment is due to be submitted, complete with an MLA formatted title page and bibliography, no later than May 31st, 2012. A late penalty of one full level will apply to those papers submitted after this date.