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Economics

Entryway to is justification of property ownership.





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Crypto Carts: involving Economics and currency-circuit design. The blog post ends with a Perplexity link.
More generally, which Economists think realistically in terms of the Earth plugged into the Sun, with a daily energy budget (Markov chain models), i.e. in terms of navigating in an intelligent (anticipatory) manner? Steve Keen turned up, then came the link to David Graeber, already a influence.
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Prompt: Explain Steve Keen's critique of the labor theory of value in economics. How might his views be linked to the bigger thermodynamic picture in which Planet Earth is the recipient of steady grant income (not a loan) in the form of terawatts of solar energy, creating the Markov chain reactions describing the daily energy budget.
Related Reading:
(blog post April 6, 2025)

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