Democrats and much of the voters are stuck. The old Democratic party of workers evolved since the 60's to representing the professional middle class represented by the Clinton's. The problem now is, the Democrats can't go back, because the labor they lost became the middle class that is now losing out, and those people don't … Continue reading 2033. The Democrats have no path.
There are three obvious sets of actors corporate state decentralized Unknown 4th? What will happen is likely to be a mix with one dominant. Four obvious approaches/strategies Stop co2 and shrink the economy Stop co2 and innovate green like mad to expand the economy Just invent new technologies Do nothing Those who prefer decentralization with … Continue reading Post 2027. Strategy and climate – by whom? What?r
Provocation #203 Management needs good economics. As society gets into trouble with climate, AI, and governance, it is clear that we face major problems that are not being well managed. If we start with the Greek economia as estate management we see that the concept was holistic: how to manage the estate for the well … Continue reading Post # 2035 Global management needs good economics
Rethinking our institutions in the context of regaining the opening to freedom is one way of looking at the task. This is certainly a time of tension. We have missed the obvious point - that we should have been creating an environment good for growing people across generations, in communities, and families. As a society, … Continue reading Post # 2024 Revisit escape from freedom
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?
provocation # 169. Economics and world management. The world definitely needs managing - or some equivalent. Everything overlaps. Specialties don;’t work. The world is one but specialties divide it. Is there any path for economics that will make it a partner in world management? Or are we locked in to an economics that serves academic … Continue reading post # 2018. Economics and world management.
In retrospect people will ask - why did economics keep supporting the system, or at best making small tweaks (tax rates, bank reserves ) but nothing capable of doing the obvious: modeling and discussing what needs to be done to stop the momentum toward crises, to prepare for a post crisis world.The critiques of what’s … Continue reading post # 2012 Retrospective on economics’ failure to engage.
What are the self-imposed constraints on new economic thinking? The purpose of science is to give as best we can a picture of relevant reality. It is not the results of applying a method to a problem only because the problem is tractable with the method. Aa Aristotle made clear, each un known has is … Continue reading Post #2008 Constraints within economics prevent engagement.
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
The goal of recreating the Garden of Eden (as nice a life for humans as we could achieve) has long been replaced by turning it over to bankers and developers. The result is a megacide. This is an economy issue. We are not managing the estate well, we are exploiting the land and the people. … Continue reading 1993.Not facing issues leads to megacide.