tag:blogger.com,1999:blog-1752027331714385066.post2264005240623025002..comments2024-03-19T14:38:21.141-07:00Comments on Terra Forming Terra: Rip it up and start again: the case for a new economicsarcleinhttp://www.blogger.com/profile/05942529252160087271noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1752027331714385066.post-36485224513220322932018-09-09T16:43:36.676-07:002018-09-09T16:43:36.676-07:00I loved it. And I need to re-read it since it is ...I loved it. And I need to re-read it since it is informationally very dense, and my background in economics is very limited.<br /><br />I do remember once reading somewhere where a psychologist mentioned that whenever he and colleagues attended a lecture on economics, that they would almost all roll their eyes at the assumptions that the speakers were making.<br /><br />I joined the Libertarian party in about 1976. Because of this 6000 word article factotum666.livejournal.com/829.html and the fact that since I wrote it, a search on the key terms orwells boot almost always returns it as #1 on almost all search engines, and that it is proving to be somewhat prescient, I have been working on a book based on its premises. While doing that I realized that of the three foundations of libertarian thought: Humans are autonomous, rational, and the theories of Adam Smith --- All are wrong. <br />Humans are NOT autonomous, they are not rational, and to the extend that Adam Smith had theories, they were not valid and have been replaced by the Theories of John Nash, which won the Nobel prize in economics.<br /><br />No other comments: Probably because this article is way beyond the attention span / reading comprehension abilities of almost of your readers.Factotumhttps://www.blogger.com/profile/03527759941568644473noreply@blogger.com