Provocation #207. Leisure and economics. Early economics was concerned with the well being of society, of all the people. This was limited because people acquiesced to the view that the population was divided between the rich and the poor and then into capitalists land owners, and the laborers. But there was still a vigorous discussion … Continue reading Post # 2039 Leisure and economics
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.
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
If the use of fossil fuels are not going to cut be cut sufficiently (eliminated) to prevent a 3 or 4° rise, are we willing to discuss how such a failure that might unfold? If economy is embedded in society, that just means complex feedback loops between the two. Discussing these feedback loops requires understanding both the economy and society. If … Continue reading post #2034. Essential quibbles. Economics misses the point.
Provocation # 199 migrations and climate Provocation . Just back from Malaysia working with others to set up an initiative on global warming, a hopefully more holistic approach to economics, philosophy, politics [All three of these words come from Athens.] While there I met Stephen Oppenheimer who wrote out of Eden, the history of how … Continue reading Post @ 2031 Climate and migrations
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
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 # 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. email@example.com' The Green New Deal proposed … Continue reading Post # 2023. No plan for the societal side of climate change
What if economics is unnecessary to understand economy? If we had no discipline of economics we might have common sense about the economy, the pragmatic relations of humanity and society to the material world in all its manifestations. “Economics” has been aligned with elite needs from its early use just after Wealth of Nations as … Continue reading Post # 2021 If we avoided the word “economics”
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?