Brian Arthur, Peter Turchin have been talkin about similar things.
Traditional Economics failed. Here's is new blue print by Eric Liu and Nick Hanauer
P.S. Noah Smith in New paradigms in economic theory? Not so fast. "So I agree with about two-thirds of Hanauer and Liu's points. The others need tightening up, but not bad overall. The question is whether these ideas, together, represent a new paradigm in economic theory. Hanauer and Liu argue that they do, but I am not so sure. "
Traditional Economics failed. Here's is new blue print by Eric Liu and Nick Hanauer
P.S. Noah Smith in New paradigms in economic theory? Not so fast. "So I agree with about two-thirds of Hanauer and Liu's points. The others need tightening up, but not bad overall. The question is whether these ideas, together, represent a new paradigm in economic theory. Hanauer and Liu argue that they do, but I am not so sure. "
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