
Mainstream economics in unconventional domains
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Allostasis needs collective intelligence
The Ship of Theseus is a paradox that asks how the identity of an object can stay itself over time even as its material composition changes. A ship may have all of its planks replaced over time, yet remain the same ship. Similarly, humans a...
An externality is any kind of economic activity that isn’t mediated by the price system. Anything that someone chooses to do, or not to do, that they decide on their own rather than being guided by prices to make decisions as part of a coll...
The economy looks like a mechanism for managing the allocation of scarce resources, but mechanisms disappear when you look closely. Up close, the economy itself doesn’t seem to do anything. It passes off all the actual work to the businesse...
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Economics with neuroscience and moral psychology.
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