Until I can assemble a proper glossary, I will keep adding terms and definitions to this: http://tea-analysis.blogspot.com/2008/10/cumulative-glossary.html
TEA analysis defines economics in terms of the very simple bedrock elements of value.
With human beings, three elements define the inherent strength of the individual -- time, energy or exertion, and attention. These three together, coupled with add-ons like education, good health, and a sustaining society, are the stock in trade of a human being trying to make their way in the world.
Money is not only secondary in the system, it is so distilled that we try as much as possible to keep it out of our main calculations.
Instead, the strength of people and the wealth of the land are fundamentals. Even language is more solid than money.
I recognize that it will be difficult to build a system where distilled abstractions are avoided whenever possible. But I have reason to believe it will be well worth while.
Noni Mausa
Noni Mausa
I have been curious for decades about what "value" is and how it is moved around.
It is so elusive that I finally got annoyed enough to try to corner it, get an ear tag on it and develop ways to track it as it moves through society.
I want to make the abstract concrete, because in the real world, there is no abstract, there is only concrete, and sometimes that concrete lands on your toes.
Despite all the math and theories, there is nothing abstract about economics. But the reality of economics becomes buried under reified structures that, though useful, obscure the real suffering and real rapaciousness of the topic under consideration.
No comments:
Post a Comment