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.
I would argue that hyper focus on optimization is the enemy of creative beings such as ourselves and makes us very unhappy and leads to blow-back from human beings. And rightfully so. But that blow back can get ugly.
– From the piece: Energy, Money, and the Destruction of Equilibrium
Earlier today, a reader named Brett Maverick Musser, who works in Operations at Airbitz sent me an article he published on Medium, which I thought was excellent.
With permission, I have reposted…