1928. Economy, economics and competition.

Provocation #118. Competition and economics. Why does economics have such an appreciation for competition? Competition creates winners but also losers, and can we afford more losers? Change always has losers, but a good society would be concerned that the changes help society, and compensate those who have been hurt, not just work for the few. … Continue reading 1928. Economy, economics and competition.

1926.. Hayek failure to critique corporations.

Hayek remains important in large part because of his defense of free markets and attacks on the state for interfering with a natural process. Progressives are often saying free markets fail . But markets are not allowed by corporations to operate as free markets but as rules set up by monopolies. Free markets would be … Continue reading 1926.. Hayek failure to critique corporations.

1923. Economics should be about the full spectrum of the basics.

Provocation #115. Economics should be about the the full spectrum of the basics, Some musings: Economics has become increasingly abstract, mostly through the influence of mathematics and the marginalists. But the reality of economy is organic. Manuel De Lande in his book Assemblage Theory says that in mechanical systems the parts maintain the integrity of … Continue reading 1923. Economics should be about the full spectrum of the basics.

1916. Future education

The social impact of technology is swamping the technology agenda. The result is a huge opening for those who can manage the interface between tech and society. This means an accurate overview of tech and a good understanding of history, society, law, social policy.

1905. Need for renewal in economics.

Toward renewal Economics [thoughts]ought to be about the economy [what is] and economy is the way society deals with just about everything. But economics stays limited while the actual economy shifts toward corporate feudalism, monopoly, and corruption. The sociology of relations and structures, the anthropology of needs and institutions, and the philosophy of the fit … Continue reading 1905. Need for renewal in economics.