Post # 2020. Which scenario?  will economics help manage the choice?

Provocation # 171 which scenario?  will economics help manage the choice? As the political situation deteriorates we can foresee several possible groupings of interests 1. The Democratic party of the professional class (The Clinton grouping) 2. The disaffected: economically injured or threatened. Ferguson, et al, described) 3. The progressives:  Scandinavian style  social democracy and identity … Continue reading Post # 2020. Which scenario?  will economics help manage the choice?

Post # 2007. Numbers in physics and economics- the difference

Provocation #162 Numbers in physics and economics. The fact of money as numbers is like catnip for the mathematically inclined. But for something to become a number subject to economic analysis it has to go through a very complex social process of culture building, trust, faith, shared intuition about the worth of something in dollar … Continue reading Post # 2007. Numbers in physics and economics- the difference