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← Managing an economy is not just a technical offshoot of a theoretical model

17 connected korrents · 13 moments from 1 Jun 2022 to 14 Oct 2026.

Everything filed under America America Everything filed under democracy democracy Everything filed under public debt public debt Everything filed under government government Everything filed under mathematics mathematics Everything filed under market efficiency market efficiency Everything filed under management management Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Managing an economy is not just a technical offshoot of a theoretical model Managing an economy is not just atechnical offshoot of a theoretical model DB Daniel Bell — holds since c. 1973 — tap for who they are Same subject: The Chinese state today is an autocratic regime occasionally capable of economic pragmatism, not a technocratic regime that occasionally lapses into Marxism. — tap to centre the map on it The Chinese state today is anautocratic regime occasionallycapable of economic pragmatism, nota technocratic regime thatoccasionally lapses into Marxism. Last stated 4 years ago 4 Mar 2023 DW Dan Wang — holds since 2023-03-04 — tap for who they are Same subject: The current economy works for the owners of capital, not for workers. — tap to centre the map on it The current economy works for theowners of capital, not for workers. Last stated 3 weeks ago 14 Oct 2026 KS Kyla Scanlon — holds since 2026-10-14 — tap for who they are Same subject: Of the economy's rules and nature's, only the economy's can be changed — tap to centre the map on it Of the economy's rules and nature's,only the economy's can be changed NK Naomi Klein — holds since c. 2014 — tap for who they are Same subject: America cannot simply copy China's manufacturing methods, because which technology is correct depends on the local price of labour. — tap to centre the map on it America cannot simply copy China'smanufacturing methods, because whichtechnology is correct depends on thelocal price of labour. Last stated 9 months ago 12 Feb 2026 AV Austin Vernon — holds since 2026-02-12 — tap for who they are Same subject: Economics is too taken with mathematics and theory, at the expense of history and the other social sciences — tap to centre the map on it Economics is too taken withmathematics and theory, at theexpense of history and the othersocial sciences TP Thomas Piketty — holds since c. 2013 — tap for who they are Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it A sophisticated economy cannot becentrally planned, because planningremoves the price signal thatcarries information about demand. Last stated a year ago 2 Sept 2025 BE Benedict Evans — holds since 2025-09-02 — tap for who they are Same subject: Most macroeconomic models cannot describe the AI transition, because they assume a single output that converts one-for-one into capital or consumption. — tap to centre the map on it Most macroeconomic models cannotdescribe the AI transition, becausethey assume a single output thatconverts one-for-one into capital orconsumption. Last stated 5 months ago 4 Jun 2026 PT Phil Trammell — holds since 2026-06-04 — tap for who they are Same subject: Economic growth from AI waits on change management, not on model capability: the work artifact and the workflow have to change first. — tap to centre the map on it Economic growth from AI waits onchange management, not on modelcapability: the work artifact andthe workflow have to change first. Last stated 12 months ago 12 Nov 2025 SN Satya Nadella — holds since 2025-11-12 — tap for who they are Same subject: A ban on diesel exports would raise overall fuel prices and damage America's energy superpower status. — tap to centre the map on it A ban on diesel exports would raiseoverall fuel prices and damageAmerica's energy superpower status. Last stated a month ago 1 Oct 2026 AE Alex Epstein — holds since 2026-10-01 — tap for who they are Same subject: A ban on U.S. diesel fuel exports is more likely to raise prices than lower them. — tap to centre the map on it A ban on U.S. diesel fuel exports ismore likely to raise prices thanlower them. Last stated a month ago 23 Sept 2026 JM Josh Marshall — holds since 2026-09-23 — tap for who they are Same subject: A century of fire suppression policy in the American West has dangerously overloaded forests with fuel and made megafires more likely. — tap to centre the map on it A century of fire suppression policyin the American West has dangerouslyoverloaded forests with fuel andmade megafires more likely. Last stated 2 months ago 22 Aug 2026 JP Jennifer Pahlka — holds since 2026-08-22 — tap for who they are Same subject: A company can run on truth only if its leader deeply desires it and rules with a firm hand rather than by democracy. — tap to centre the map on it A company can run on truth only ifits leader deeply desires it andrules with a firm hand rather thanby democracy. Last stated 2 years ago 6 Mar 2025 KG Kapil Gupta — holds since 2025-03-06 — tap for who they are Same subject: A company is not a democracy: every voice should be heard and then one person decides, and the decision should not be the popular one. — tap to centre the map on it A company is not a democracy: everyvoice should be heard and then oneperson decides, and the decisionshould not be the popular one. Last stated 5 months ago 2 Jun 2026 MP Mark Pincus — holds since 2026-06-02 — tap for who they are Same subject: A conversation needs several legitimate voices; if the people has only one, democracy becomes dictation — tap to centre the map on it A conversation needs severallegitimate voices; if the people hasonly one, democracy becomesdictation YH Yuval Noah Harari — holds since c. 2024–2025 — tap for who they are Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate aself-fulfilling ('sunspot') debtcrisis simply by credibly committingto buy as many bonds as needed atthe low interest rate. Last stated 4 years ago 1 Jun 2022 OB Olivier Blanchard — holds since 2022-06-01 — tap for who they are Same subject: Cutting off trade with tariffs would force a huge interest-rate spike and probably a debt crisis, because the budget deficit would have to be financed at home. — tap to centre the map on it Cutting off trade with tariffs wouldforce a huge interest-rate spike andprobably a debt crisis, because thebudget deficit would have to befinanced at home. Last stated 2 years ago 14 Apr 2025 JC John H. Cochrane — holds since 2025-04-14 — tap for who they are Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it During post-2008 fiscalconsolidation, the costs of highpublic debt were overestimated andfiscal multipliers wereunderestimated, understating theoutput costs of austerity. Last stated 4 years ago 1 Jun 2022 OB Olivier Blanchard — holds since 2022-06-01 — tap for who they are
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At the centre Managing an economy is not just a technical offshoot of a theoretical model Last stated c. 1973 Holds Daniel Bell Read this korrent →