Saturday, May 22, 2010
Thinking about economic structures get me into a problematic arena. On the one hand it is hard to fix economic principles in some kind of natural (physical) manner as it is possible with "real" natural sciences where laying the foundations is simply a matter of establishing laws and principles that apply universally. The economy is strongly based on mental appreciation and judgment based on impression or appearances. On the other hand one is costumed to see the world as based on unchangeable natural laws, and with the economy all is changing including the laws, rules, and regulations that control the economy. Just have a look at today's problem with the way the banking system is behaving.