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I wish Trump was real so he could put this guy on stage and humiliate him in front of a crowd. On Econ: don't get it from Economists, get it from engineers, programmers, or physicists turned economic. Economists build economies from the ground up [...]pic.twitter.com/JL9evagaMf
completing them as aggregates of transactions, with no properties inherent to the whole, thus making them blind to any dynamics within an economy that cannot reductively be explained down to a single transaction. System-thinkers start first with the Economic Entirety [...]
and proceed down to the granular level from that vantage point, always placing things within the context of the whole. This affords them insights not granted by methodological individualism; as everyone who's applied for work knows, things are affected as much by [...]
the possibilities of options as the actual choices that are effected. Economists can't see it, can't conceptualize the value of production over products, as production-exchanges are made qualitatively identical to consumption-exchanges in the Economist framework [...]
obscuring the truth, which is that they are the latter's predicate and father. They indiscriminately convert system dynamics to money values and then are shocked when an economy with fewer tools can't produce as many masks.
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