Post # 2023. No plan for the societal side of climate change

Provocation # 174. So far as I am aware, there is no plan proposed by anybody that deals with the social disruption of climate breakdown and the social disruption of trying to prevent that disruption in anything like implementable detail. If you know of any please let me know. doug@dougcarmichael.com' The Green New Deal proposed … Continue reading Post # 2023. No plan for the societal side of climate change

Post # 2017. Expanding the scope of economics?

Provocation 168. How to expand the scope of economics. In the spirit of provocation.. Economics advanced by making assumptions that treated most of society as external to economics, but it turns out, as it has, that the dynamics of society profoundly affect the mainstream neo-classical economic model: ownership, wealth: interest, politics, people’s state of mind … Continue reading Post # 2017. Expanding the scope of economics?

Post # 2014. Trump, unemployment and economics.

Provocation # 165.  Trump, unemployment and economics. The argument is made that things like GDP, obviously flawed, nevertheless make possible graphs and computational models. In physics, basic assumptions, almost always get closer to the core of the phenomena. Weights falling in a frictionless vacuum for example. But in economics the assumptions , allowing for modeling, … Continue reading Post # 2014. Trump, unemployment and economics.

Post # 2011. How do we get to a more inclusive economics?

Provocation 164. Beyond economics.   Economics fails to look at key social phenomena: capitalism, ownership, quality of life, preferences, political power. In the few cases that reach outside to social consequences, the symptoms are discussed by not core consequences. A few examples: Steve Keen’s revising economic models feels bloodless, absent people, or Stiglitz/ Ocasio-Cortez who … Continue reading Post # 2011. How do we get to a more inclusive economics?