10.22.07

Inclusive wealth

Posted in exchanges, epistemology, bioinformatics, resilience_economics at 5:52 am by kevindjones

As we look to try to get a handle on the way value will be displayed and exchanged in the new exchanges, some analogues to the way people have learned to value things like ecosystem services might be interesting analogues. The Bejer Institute in Sweden has done some interesting research on the new kinds of accounting systems that will be required. And some of the economists looking at resilience economics have approaches that could also be helpful. The epistemology might take a few cues from bioinformatics as a way to humbly find what’s going in an extremely complex and dynamic system, where beliefs and habits, rather than biota, are changing. Mapping an evolving ecosystem of financial value and, because of observer bias, consciously trying to influence it. Yardstick influence.

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