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npc_respecter

@i_contemplate_

ephemeron of one cosmic moment

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contemplationist.wordpress.com
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    1. Nick Rowe‏ @MacRoweNick 21 Sep 2017

      God I hate the Macro vs Micro split. Robinson Crusoe is the economy "as a whole"! Real split is between Monetary & non-Monetary economics.

      7 replies 15 retweets 61 likes
      Show this thread
    2. npc_respecter‏ @i_contemplate_ 21 Sep 2017
      Replying to @MacRoweNick

      Hey Nick. Sorry if I missed it, but have you ever written about the Steve Keen-David Graeber view of econ? Was curious to read

      1 reply 0 retweets 1 like
    3. Nick Rowe‏ @MacRoweNick 21 Sep 2017
      Replying to @i_contemplate_

      IIRC I did 2 posts on SK (1 pro 1 con). Stopped reading DG. Thought he had money & debt muddled. They are overlapping but distinct sets.

      1 reply 0 retweets 1 like
      npc_respecter‏ @i_contemplate_ 21 Sep 2017
      Replying to @MacRoweNick

      Cool thanks. What about the 'state theory of money'? That money originates with the state and that the 'barter economy' is fictional?

      9:06 PM - 21 Sep 2017
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Nick Rowe‏ @MacRoweNick 21 Sep 2017
          Replying to @i_contemplate_

          Not a fan of State Theory of Money. And the whole point of "Origin of Money" theories is not history, but to explain why barter is rare. 1/2

          1 reply 1 retweet 3 likes
        3. Nick Rowe‏ @MacRoweNick 21 Sep 2017
          Replying to @MacRoweNick @i_contemplate_

          It's like criticising Hobbes by saying there is no historical evidence the State of Nature ever once existed. Totally misses the point.

          1 reply 0 retweets 2 likes
        4. npc_respecter‏ @i_contemplate_ 21 Sep 2017
          Replying to @MacRoweNick

          There is an analogous point here too - what Hobbes derives from the 'State of Nature' can't be accurate if it isn't a realistic model right?

          1 reply 0 retweets 1 like
        5. npc_respecter‏ @i_contemplate_ 21 Sep 2017
          Replying to @i_contemplate_ @MacRoweNick

          There was no 'war of all against all' but rather tribal existence with cooperation and competition interspersed which simply scaled up

          1 reply 0 retweets 2 likes
        6. J Nderi‏ @nderi_j 21 Sep 2017
          Replying to @i_contemplate_ @MacRoweNick

          I'm more persuaded by Hume's state of nature. Man is naturally social/co-operative. Society is impossible under Hobbesian state of nature

          1 reply 0 retweets 1 like
        7. Nick Rowe‏ @MacRoweNick 21 Sep 2017
          Replying to @nderi_j @i_contemplate_

          Prefer Hume to Hobbes myself (though both good). But neither was talking history. Both were explaining why society exists and has existed.

          1 reply 1 retweet 2 likes
        8. npc_respecter‏ @i_contemplate_ 21 Sep 2017
          Replying to @MacRoweNick @nderi_j

          Indeed but the Hobbes' model leads him to the State-as-referee model which is simply ahistorical. The state has been primary, all shall bend

          0 replies 0 retweets 1 like
        9. End of conversation

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