File for ‘economics’ Category
Does Social Media Require a Non-Monetarian Economic Theory?: Barter, Reputation, and Common Good Economics.
Posted by: Ken Fischer in: ● March 27, 2009
Economics, according to wikipedia, is the social science that studies the production, distribution, and consumption of goods and services.
Notice money is not mentioned. But the current theories of economics socio-economic (Kondratieff (Kondratiev), Schumpeter, Kuznets) , fiscal-economic (Keynesian / Monetarist) and political-economic (Libertarian/Austrian) theories are all based on monetary markets.
Well that makes sense because MOST [...]
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