Category Archives: economics

Wicked problems

[ 31/May/23 Mike wrote:An amazing presentation in this morning’s plenary about space exploration, bringing us up-to-date on the latest tools of exploration and their findings, including some of the Webb space telescope’s awe-inspiring discoveries.Heady stuff, but in some aspects also … Continue reading

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On money again

[ 15/May/23 Dirk posted a Classical Liberty quote:If printing money wasn’t dangerous then we should’ve made everyone billionaires a long time ago.Deep down, we all know it is dangerous.] Money is a useful myth – it works only as long … Continue reading

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Causes of inflation

Milton Friedman – the real cause of inflation [ 25/April/23 ] Some truth in what he says, but that truth is predicated on a number of factors, one being that there is some real relationship between the amount of money … Continue reading

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Nate & Kim – Climate, Fiction, and The Future”

Kim Stanley Robinson: “Climate, Fiction, and The Future” | The Great Simplification #66 [ 19/April/23 ] Burning Carbon isn’t fundamental to the economy – energy is.Carbon based chemical energy sources are very “convenient”, on a variety of metrics. Agree with … Continue reading

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The Mordor Economy

Nate – The Mordor Economy – Frankly #23 [ 28/January/23 ] Hi Nate, Some truth in what you say, but you miss a lot. While there are still some sources of easy oil (like Saudi oil) that are generating vast … Continue reading

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John Fullerton’s Signup question

John Fullerton’s Discovery signup question [ 24/January/23 – Do you have any specific questions on this topic that you’d like us to consider?] How to overcome the fact that markets value abundance at zero (if you doubt that, think of … Continue reading

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Williams – economics – mistakes

[ 20/January/23 Mike McDermott referenced Stephen Williams – https://johnmenadue.com/economics-the-top-10-mistakes/%5D Williams identifies some value mistakes, but entirely misses the worst one: a failure to comprehend evolutionary strategy, and the strategic contexts that actually allow for the emergence and stabilisation of new … Continue reading

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On Mumford and money

[ 15/October/22 ] Mumford had part of the picture, but missed the connection to the central bit (or rather failed to give it the logical focus). We are all necessarily strongly biased by evolution to look out for our own … Continue reading

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Treasury Guest seminar – Anita Chandra

Treasury Guest Lecture: Building Resilience and Advancing Well-Being at the Community Level [ 10/August/22 In this seminar, Anita Chandra describes some of the key issues in measuring and investing in well-being, with particular attention to the intersection of resilience and … Continue reading

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Steve Keen & Lex Fridman

Steve Keen: Marxism, Capitalism, and Economics | Lex Fridman Podcast #303 [ 19/July/22 ] Great work – thanks again Lex. Steve has impressed me for many years, and I spent quite a bit of time playing with his software Minsky … Continue reading

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