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#econymics — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #econymics, aggregated by home.social.

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  1. Stop fetishizing Markets.

    #Economics -- managing the Numbers (objects) we allow -- is undesirable generally, only useful in the (decreasingly numerous) realms of material scarcity. As a Maths Model (Mathematical Economics), it is also a red herring; in most Natural contexts (e.g., excluding Human "Economics") in which one might leverage such Market Models, there are instead much more Accurate AND Precise Maths Models that have been researched.

    #Econymics is instead managing the Names (persons/subjects) we allow. As a Mathematical Model, we tend to call it "Law". Economists are helping this cause under such works as "cardinality reduction".

    #TheMoreYouKnow #PoliticalEconomy