Metaeconomics by Gary D. Lynne

Author:Gary D. Lynne
Language: eng
Format: epub
ISBN: 9783030506018
Publisher: Springer International Publishing

We also now gain new understanding of the pushpins poetry conundrum applied to the financial markets and in the banks: There are non-money (poetry) things going on in the arena of finance and banking (pushpins). Again, they do not have to be commensurable on the same V ≡ P plane as presumed in Neoclassical Economics; instead, value V can arise out of a higher, balanced selfish&selfless-interest plane, which can drive and otherwise influence the price P coming out of the Market, with the two values jointly determined, so price P also influences value V. The Market, when not tempered and bounded, misses the value V.

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