Why has the Information Matrix Fallen on Deaf Ears?
richardfield.substack.com
Anyone determined to provide a “new economics” must haul a heavy burden of proof up a steep slope of professional resistance. At the summits of academic prestige, economics presents a Delphic façade of math and marble. A still higher barrier faces anyone suggesting major modification to the entrenched system of reasonably free markets and economic incentives associated with “capitalism.” —
Why has the Information Matrix Fallen on Deaf Ears?
Why has the Information Matrix Fallen on Deaf…
Why has the Information Matrix Fallen on Deaf Ears?
Anyone determined to provide a “new economics” must haul a heavy burden of proof up a steep slope of professional resistance. At the summits of academic prestige, economics presents a Delphic façade of math and marble. A still higher barrier faces anyone suggesting major modification to the entrenched system of reasonably free markets and economic incentives associated with “capitalism.” —