Steve, if you're suggesting with passing reference to creativity, learning, and kaizen in your model that these aren't functions in a modern economy, we've just dismissed the last 50 years of experience with production in Japan. I don't buy it. Latest tortured math tyranny.
Steve, if you're suggesting with passing reference to creativity, learning, and kaizen in your model that these aren't functions in a modern economy, we've just dismissed the last 50 years of experience with production in Japan. I don't buy it. Latest tortured math tyranny.
Meet the new boss same as the old boss,
Introducing some science to help understand economics sounds like a good idea to me.
Humans eat stored energy (plants and animals) and store it themselves: labour IS energy.
Machines need energy to function.
Capital can be used to buy energy or things that have been created using energy