A new way to model life and economics
2 years ago
Responds to a YouTube interview between Vernon L. Smith, economist, and Stephen Blackwood, president of Ralston College. The interview, by showing paradoxes in market models of economics, shows a need for a new model of social productivity. I offer the Resource-Patterns Model of Life.
For more on the Resource-Patterns Model of Life see: http://perceivedorder.blogspot.com
The interview referenced above is here: https://youtu.be/N3l_NE9Rm_k
In that interview, the quote from Stephen Blackwood is here: https://youtu.be/N3l_NE9Rm_k?t=4676
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