Re: nettime Nobel laureate in economics aged 102 endorses the human economy...

2013-01-22 Thread John Hopkins
hehe Mark Economics is in *trouble* (like the rest of social science) because it leaves out basic realities and these simplifications -- whether in the service of modeling assumptions or whatever -- have now become too important to ignore. By emphasizing the HUMANS, you have correctly noted

nettime living systems theory

2013-01-22 Thread John Hopkins
Well, the following might be an entry point to a systems theory approach to economics: which is, in fact, a subsystem of a wider ... living system. Living Systems Theory is a general theory about how all living systems 'work,' about how they maintain themselves and how they develop and change.