The Economy is not the Universe
- Stephen Sharma

- Apr 13
- 2 min read
Flexible specialization was proposed to model the current and future economy with social outcomes dependent on capital, interest rates, and the productivity of the skilled and educated worker. What is interesting is the approach to a phenomenological economy rather than an emergent one. This leads to the analysis of the economy as something that depends on fixed variables that do not vary as a function of time. These constraints form the dyadic of supply and demand, filling a critical niche in Keynesian economics after Bretton Woods. Even though the market has ups and downs, sometimes tens of percentage points, the fundamentals of the market remain that of comparative advantage, capital driven interest margin gains, and industry. This is too complicated. What General Physics consulting offers is a change. We think of modeling the economy as socially connected. Outcomes, humanism, and scientific agnostic materialism are the overarching themes that represent a model of scale invariant revenue in organic profits. To be clear, the micro and macro economic theories of capital, supply and demand, and then interest rates necessitate something like a fractal model of the relation between the scales. Of course, the universe and the economy are two different things and it is important to separate the values of economic prosperity from other things such as free time, efficiency, and labor.
Again, this is all too complicated. What General Physics stands for is a social outcome. Cars are not economic variables; they are modes of transportation with hidden values. Fusion represents economic research and development; ITER's unit of accounting represents a new model of economic promises. The welfare state is not a burden on the economy; social programs are a necessity for workers' rights. What General Physics stands for is a co-op model, similar to the Emilia Romagna paradigm, where workers hold more of a stake in their socially dependent economic entity. The corporation needs to adapt to social media, internet sales, A.I., cryptocurrency-hyperledger-blockchain, and uncertainty. To simplify, social outcomes, which tend to fluctuate, cause uncertainty. This error can be quantified by General Physics economists and scientists working to develop economic models. Look for more economic analysis in the future.





Comments