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.
The US that trump attacks is the US that in fact has been in many ways the enemy of the people who voted for him, or support him now. The country was run for the benefit of the 1% and the professional class and is most associated with the Clinton's, Obama and less well known, … Continue reading 1992. More on Trump
Provocation # 143Progress vs cycles. Implications for us The current state of society brings into question the necessity, even the likelihood, of progress. But is progress actually so wonderful? Paul Valery wrote in 1900, “We later civilizations, we too know that we are vulnerable.” This was a shock to me when I read it in … Continue reading 1991. Progress vs cycles. Implications for us.
There are thousands of experiments responding to or anticipating the climate crisis. Far fewer experiments in new forms of governance and new ways of having an economy. So long as the effect of economic activity is to siphon off wealth from the society into a small, say the .01%, group of asset owners, cynicism will … Continue reading 1990. The future, first draft.