Knowledge Economics

Faites comme si je ne le savais pas.

In my youth it was said that what was too silly to be said may be sung. In modern economics it may be put into mathematics.

Economics is a subject that really relates to core aspects of human well-being, and there’s a methodology for thinking about these things. This was a very appealing combination to me. Market systems are capable of massive breakdowns that can result in long, devastating periods of high unemployment. And I felt that economists had really learned something about how to address that.