4 ms·
I found this to be very profound. Current economics paradigms are severely limited in scope by focussing only on "excludable goods" and may have little interest
by ivan_ah 6y ago
I found this to be very profound. Current economics paradigms are severely limited in scope by focussing only on "excludable goods" and may have little interesting to teach us about other forms of value preservation (e.g. protect nature's resources as 1st class citizens, not as externalities), value exchange (e.g. FOSS and open content). Indeed, in 2021, it's past-time for the Chicago-Boys-style economics to retire and let new ideas come in.