Tuesday, June 19, 2007

Marconomics

Dr. Clam, quite flatteringly suggested future Giant robot leaders would be well versed in "marconomics" and therefore avoid the pitfalls of democracies and Holy Roman empires. Somewhere in between Microeconomics and Macroeconomics, is the space where policy matters. A good starting point would be the privatisation/nationalisation axioms. Good Marconomic policy is choosing policies that are shown to work in our grand global experiment that is the rise of nations. Also to have an experimental mindset about new policies.

1 comment:

Dr. Clam said...

Aw, shucks! :)

I think the great temptation for economics has been 'physics envy': the desire to find a 'theory of everything' giving one-size-fits-all connect-the-dot over-endowed-with-hyphenated-adjectival-clause recipes for addressing economic programs. A fluid experimental economics, ready to adapt to changing circumstances, is the obvious way to go. And this is the strategy that will be hardwired into the Giant Robot leaders of the future!