Jim Boswell Blog | Economics vs.Globanomics--More Differences | TalkMarkets
Executive Director, Quanta Analytics
Contributor's Links: Globanomics
Author of Globanomics. Jim has nearly fifty years of professional experience in the development of management information and analytical business decision support systems. Broadly disciplined with exceptional experience. Education includes an MBA from the Wharton School-University of Pennsylvania, ...more

Economics vs.Globanomics--More Differences

Date: Saturday, April 13, 2024 9:46 AM EST

In economics it's a question of guns or butter.  In globanomics it's all butter.

------

From a purely business efficiency perspective, globanomics and world peace make absolute sense.  Raising the quest where every individual and every nation can rise together at the same time.  In economics that can only be done within a pareto optimum.

World peace is the greatest of all economic Pareto Optimums and Pareto Optimums are just one of the principles that makes up globanomics.

------

So, that is your choice.  Economics or Globanomics?  Guns and butter or all butter?

Disclaimer: This and other personal blog posts are not reviewed, monitored or endorsed by TalkMarkets. The content is solely the view of the author and TalkMarkets is not responsible for the content of this post in any way. Our curated content which is handpicked by our editorial team may be viewed here.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with
Susan Miller 8 months ago Member's comment

Here's to world peace.