Is Economic Modeling A Futile Exercise?

Yes, completely futile and evolutionary degenerative.

For the reason that our prevailing religion of economics is steeped in a systematic confounding of consequence and cause, leading to what Nietzsche refers to as the grandiose depravity of reason. And the modeling of depravity (of reason) is not only futile, such misleading inferences from consequence back to cause leads to conclusions about the capabilities, ingenuity, and capacity of humanity that are simply false.

A reason why we must reinvent economics along with many other manmade systems that hinge on similarly flawed principles, in the way I explain in my new video on The State of Humanity. It is about time we build more intelligent manmade systems in sync with evolution to mimic and proliferate the intelligence that makes us stand out from other great apes.

Let’s lead the world by example with new rigors of excellence we first and successfully apply to ourselves.

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