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Buddy, abstractions aren't magic built on top of thin air. Abstractions can be built upon abstraction and can be built upon other abstractions but when you foll
by crimsonalucard 11y ago
Buddy, abstractions aren't magic built on top of thin air. Abstractions can be built upon abstraction and can be built upon other abstractions but when you follow the supply chain all the way down to the logical conclusion you will hit a physical road block grounded in reality. Eventually there will be an abstraction that must be built on top of a concrete primitive.
What is this primitive thing at the end of the chain? Energy and material. Think about it. Your poet, in order to have the luxury of writing poetry instead of foraging for food must have physical requirements to assist in his writing of poetry. He must eat food, he must have shelter and materials to support his endeavor. When you give money away for poetry you are giving money away for concrete things. You are paying for his food, you are paying for his shelter, you are paying for his leisure time to allow him to practice his poetry. Food comes from plants, plants can only grow with sunlight... aka energy. Eventually the chain must end at a physical primitive.
Lets talk about a hypothetical island economy with a population of two people. Let's say these two idiots are poets. You cannot have an economy of two poets where both poets pay each other to recite poetry. The poets will eventually die of starvation. It's a mutually recursive abstraction that never ends and is unsustainable; An abstract infinite loop with no primitive at the root. TO fix: put a farmer on the island and have the farmer give food to the two poets in exchange for a recitation. Boom, there's a real economy. An economy of pure abstraction only exists in your imagination and even your imagination needs food for sustenance.
So when we talk about economics, when we talk about programming, we are not talking about magical abstractions built upon nothing. We are talking about reality. An economy will always be bounded by the physical limitations of the world because abstractions are built on top of the physical world itself, the two are one and the same thing.
Ironically the primitive in economics is the exact same primitive in the programming universe: Energy and material are the same thing as Procedure and State. The philosophical implications are profound. Even crazier is when you follow the chain in the programming universe you will find out that both state and procedure are abstractions on the same thing: Silicon and electricity. What is silicon and electricity? Material and energy. Yes that's right, not only is economics bounded by reality, but so is the world of programming, so is the concept of abstractions.
- Mikeb85 11y ago> What is this primitive thing at the end of the chain? Energy and material. With nuclear fission power, we have a very large amount of energy available for the future. With nuclear fusion, potentially much more. As for materials, we can recycle most of them. And who's to say in the future we won't be mining asteroids? I'm well aware that economics, in the end, is about raw materials, manpower, etc... After all, the first economic 'transactions' involved people cooperatively gathering food, building shelter, etc... (ie. you build a shelter and make a fire while I find us a rabbit to roast) However there's nothing to say the future won't consist of a world powered by nuclear fusion (or some yet-to-be discovered method of energy production), where all labour is done by robots, where we're all given Star Trek-style 'credits' with which we pay each other to recite bad poetry. Also keep in mind that economics didn't start with Keynes or Smith, or even Ibn Khaldun. The ancient Mesopotamians kept exhaustive records, had commodity-backed banknotes/tokens, units of precious metals (shekels), rules governing finance, and debt, etc... Modern economics isn't any different (fundamentally), we just now have more things to measure, and more abstractions to make sense of the endless complexity of a modern, global economy that has 7+ billion actors in it...