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Brilliant essay Fred. But mainstream economics has a bigger problem than thermo-dynamically stupid theories, it is their unholly alliance with those neofeudal elites who don't want to compromise one iota of their political power. By the way, Ken Arrow had the office next to mine at the Terman Engineering Center (he is sorely missed). Note: https://medium.com/@daneke/towards-an-economics-of-evolution-emergence-and-innovation-540ea19aa101

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Greg Daneke, Emeritus Prof.
Greg Daneke, Emeritus Prof.

Written by Greg Daneke, Emeritus Prof.

Top Economics Writer, Gov. service, corp consulting, & faculty posts (e.g., Mich., Stanford, British Columbia). Piles of scholarly pubs & occasional diatribes.

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