Post 2027. Strategy and climate – by whom? What?r

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

Post 2027. The lawful and the unique. Economics avoids the unique.

Provocation 2013. The lawful and the unique. Economics avoids the unique. Science has taken the view that things that can be made into “laws” are worthy of science. Unique events not so. Mary is standing by herself on the livingroom floor. Newton's F=MA tells us how much she weighs. But Mary sees  Jane’s dropped handkerchief, … Continue reading Post 2027. The lawful and the unique. Economics avoids the unique.

Post # 2037.

Provocation  # 206 MonopolyEconomics prides itself on mathematical sophistication, yet.. Following up on the previous Post The functioning of the market is toward monopoly because those with power and money can acquire more power and money at cheeper prices than those with less. We sort of know this, but do we imagine our way to … Continue reading Post # 2037.

Post # 2025 Capitalism and economics as plumbing

Provocation # 196 Economics can be seen as a kind if systems maintenance manual, plumbing for the flow of dollars in the economy. If economics were more seriously interested in science it would raise questions like: what is capitalism, what is socialism and if we understand these, is there a third possibility? ———————— The financial times … Continue reading Post # 2025 Capitalism and economics as plumbing

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 # 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?