God I hate the Macro vs Micro split. Robinson Crusoe is the economy "as a whole"! Real split is between Monetary & non-Monetary economics.
-
Show this thread
-
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 -
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 -
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?
1 reply 0 retweets 0 likes -
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 -
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 -
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 -
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 -
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 -
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
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
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.