It’s not often that a scientist gets to use the words love, creativity, and wisdom in a paper, especially when writing about economics. Perhaps that’s because economics, the dismal science, is obsessed with dismal systems – make that abysmal systems, relative to need. To be clear, I’m not speaking of the specific policies of the US, the EU, China, the World Bank or others. I’m speaking of dominant economic systems as wholes – especially their underlying conceptual models (macro and micro) and … [Read more...]
John Boik received a PhD in biomedical sciences from the University of Texas, Health Sciences Center, Houston. He completed postdoctoral work at Stanford University, in the Department of Statistics. He is the author of the book Economic Direct Democracy as well as other books and papers.