Must Read of the Day – Energy, Money, and the Destruction of Equilibrium
I see many economists and entrepreneurs as opponents even if that is not the intention of the economists. Academic economists are most needed by those who have power and want to keep it. Multinational corporations, banks, and governments. The last thing those entities want is disruption, their principal and interlocking goals are stabilization and optimization of the existing order. They have an incentive to “optimize” the current system and extract rents.
