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.
Provocation #113 The tendency in much of economics is to think in terms of closed system logic, ignoring context and worse, ignoring some of the states of the closed system. Here are two examples “The man who refuses to send his corn to market when it is at twenty pounds a load because he thinks … Continue reading 1917. limits to closed system thinking.
Provocation #112 Population As we look for positive plausible scenarios for the future we need to be imaginative, compassionate and realistic. Economics can play a crucial role in creating an economy that is supportive. But when the history of our time is written a key question will be: why didn't we deal with the obvious? … Continue reading 1915. Population and economics
We need to have the mentality of protecting and developing what is ours, not what is mine alone. I am thinking of Puerto Rico and Mexico and Korea.. and..Is some version version of a less religious christianity possible? These people are our people, not just today, but six weeks from now,, six hundred years from … Continue reading 1900. Compassion
The danger is that all the professionals and siloed agencies will rush in with the plan of rebuilding to match the past. It would be much better if we could first think of the goal (kind of society) and then plan on how to get there, taking into account further likely disruptions (eathquakes, plagues) and … Continue reading 1894. The better use of rebuilding after Irma (and Harvey, Jose)
I have followed much of the reporting on Houston, Harvey and earlier, Katrina, Iraq, the California drought and rains. Obviously we are slow to imagine the scope of these events. As citizens and as governments. Houston faces the problem of - how many people displaced? We have two middle class family friends who live in … Continue reading 1889. Houston and beyond
Provocation #100 Now is a good time to seriously reconsider economics. Not as a technical field for bureaucrats, but to think of how to manage the earth and govern the species for a fuller humanity for all. An opening economics to replace the closing economics we now have. (Obviously modern economics is not monolithic. There … Continue reading 1888. Economics from narrow to aiding species and global management.
We need a society of a beautiful and respected environment with beautiful respecting and respected people. "respect". Re -spectare, take another look. A progressive future must start with the facts of a failed environment, a failed governance and failed normal security of a life. We must look simultaneously to be as successful as possible with … Continue reading 1872. A larger progressive agenda
Provocation #95. Nudging economics toward real wealth It us getting harder to write on Sunday in a new way something that has not been written about by someone else in the last week. . We have a flood of very good efforts to try to nudge economics towards dealing with the wealth of society for … Continue reading 1870. Nudging economics toward real wealth