Ann Davis: Difference between revisions
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These scholars and achedemics may be willing proclaim they are out of their element or do not understand or even see a solution in all they share but may seek to blaim that lack of comprehension on the fact that economics have become defined by the ''language'' of mathamatics. | These scholars and achedemics may be willing proclaim they are out of their element or do not understand or even see a solution in all they share but may seek to blaim that lack of comprehension on the fact that economics have become defined by the ''language'' of mathamatics. | ||
Mary Poovey makes [52: | Mary Poovey makes [52:47] "'''offering three observations about models in general''' and about how our reliance on them constitute what counts as knowledge now | ||
'''first''' as all of my examples make clear models abstract from immediate experience and observed particulars in order to generate simplified manipulable simulations of actual conditions | |||
offering three observations about models in general and about how our reliance on them constitute what counts as knowledge now | |||
first as all of my examples make clear models abstract from immediate experience and observed particulars in order to generate simplified manipulable simulations of actual conditions | |||
in doing so '''they alter not only one's relation to the real but also what could count as knowledge about the real''' | in doing so '''they alter not only one's relation to the real but also what could count as knowledge about the real''' | ||
'''second''' as models incorporate and are organized by mathematical principles the | '''because models are both <Ref name="performative">Relating to or being an utterance that performs an act or creates a state of affairs by the fact of its being uttered under appropriate or conventional circumstances, as a justice of the peace uttering I now pronounce you husband and wife at a wedding ceremony, thus creating a legal union, or as one uttering I promise, thus performing the act of promising.</Ref> and recursive<Ref name="recursive">Of or relating to a repeating process whose output at each stage is applied as input in the succeeding stage.</Ref> Moreover extensive reliance on them increases the likelihood that models will beget a reality that takes its form from the models or even that models will beget more models.''' | ||
mathematical form which they call the syntax increasingly dictates the way that the | '''second''' as models incorporate and are organized by mathematical principles the mathematical form which they call the syntax increasingly dictates the way that the economic or financial content which they call the semantics can be understood '''this increases the potential for simplification and clarity in the model but it also means that the rules of mathematics dominate one's experience of messy economic and financial transactions''' | ||
economic or financial content which they call the semantics can be understood | it also means that formulations that are particularly convenient for mathematical procedures sometimes take precedence over other formulations that might be less mathematically useful but that are more responsive to human concerns. This is the case for example with the gdp the gross domestic product | ||
this increases the potential for simplification and clarity in the model but it also means that the rules of | |||
mathematics dominate one's experience of messy economic and financial transactions | |||
it also means that formulations that are particularly convenient for mathematical procedures sometimes | |||
take precedence over other formulations that might be less mathematically useful but that are more responsive to human | |||
54:28 | |||
which is the headline aggregate featured in the macroeconomic estimates called national income accounts | |||
54:33 | |||
the prominence of the gdp makes it easy to see whether the overall income of a nation is increasing but difficult to | |||
54:41 | |||
see how wealth is being distributed among parts of the population | |||
54:46 | |||
the gdp also makes it very hard to see how efforts to increase the gross | |||
54:51 | |||
dometic product might adversely affect the environment which is not represented | |||
54:56 | |||
at all in the national aggregates so every time an aggregate is made | |||
55:03 | |||
those features of the economy that it does not include become literally invisible so | |||
55:09 | |||
this is the case for example um of the of the um contributions that domestic | |||
will beget a reality that takes its form from the models or even that models will | because models are both performative<Ref name="performative">Relating to or being an utterance that performs an act or creates a state of affairs by the fact of its being uttered under appropriate or conventional circumstances, as a justice of the peace uttering I now pronounce you husband and wife at a wedding ceremony, thus creating a legal union, or as one uttering I promise, thus performing the act of promising.</Ref> and recursive<Ref name="recursive">Of or relating to a repeating process whose output at each stage is applied as input in the succeeding stage.</Ref> moreover in doing so they alter not only one's relation to the real but also what could count as knowledge about the real will beget a reality that takes its form from the models or even that models will beget more models. | ||
beget more models | |||
Revision as of 17:31, 3 February 2024
Ann E. Davis is an Associate Professor of Economics.
Prof. Davis regularly teaches Environmental Economics and International Economics, as well as the Institute "Meanings of Property."
During the last two decades she has met with those who are labeled as leading scholars of our times but whom seem to be blending what they call the humanities and economics to determine what they believe to be the ultimate solution for what they percieve as the problems with or within the world today.
People like:
John Searle
John Searle who believes any "value judgment" is epistemically subjective which another way of saing there is no standard or universal vale.
Alan Ryan
Alan Ryan, who is an advocate of Modern liberals which generally believe that national prosperity requires government management of the macroeconomy in order to keep unemployment low, inflation in check and growth high. They also value institutions that defend against economic inequality.
Mary Poovey
Mary Poovey whose recent books include The Evolution of the Property Relation: Understanding Paradigms, Debates, and Prospects, Palgrave MacMillan, 2015, and Money as a Social Institution, Routledge, 2017.
She seems to also feel inclined to venture into the world of economics attempting to make sense of its description or explanation.
These scholars and achedemics may be willing proclaim they are out of their element or do not understand or even see a solution in all they share but may seek to blaim that lack of comprehension on the fact that economics have become defined by the language of mathamatics.
Mary Poovey makes [52:47] "offering three observations about models in general and about how our reliance on them constitute what counts as knowledge now
first as all of my examples make clear models abstract from immediate experience and observed particulars in order to generate simplified manipulable simulations of actual conditions in doing so they alter not only one's relation to the real but also what could count as knowledge about the real
because models are both [1] and recursive[2] Moreover extensive reliance on them increases the likelihood that models will beget a reality that takes its form from the models or even that models will beget more models.
second as models incorporate and are organized by mathematical principles the mathematical form which they call the syntax increasingly dictates the way that the economic or financial content which they call the semantics can be understood this increases the potential for simplification and clarity in the model but it also means that the rules of mathematics dominate one's experience of messy economic and financial transactions
it also means that formulations that are particularly convenient for mathematical procedures sometimes take precedence over other formulations that might be less mathematically useful but that are more responsive to human concerns. This is the case for example with the gdp the gross domestic product
54:28
which is the headline aggregate featured in the macroeconomic estimates called national income accounts
54:33
the prominence of the gdp makes it easy to see whether the overall income of a nation is increasing but difficult to
54:41
see how wealth is being distributed among parts of the population
54:46
the gdp also makes it very hard to see how efforts to increase the gross
54:51
dometic product might adversely affect the environment which is not represented
54:56
at all in the national aggregates so every time an aggregate is made
55:03
those features of the economy that it does not include become literally invisible so
55:09
this is the case for example um of the of the um contributions that domestic
because models are both performative[1] and recursive[2] moreover in doing so they alter not only one's relation to the real but also what could count as knowledge about the real will beget a reality that takes its form from the models or even that models will beget more models.
Ann E. Davis" "WEF"
https://www.facebook.com/share/v/WuX7R5KoKDCdVeNX/
Externalities are a side effect or consequence of an industrial or commercial activity that affects other parties without this being reflected in the cost of the goods or services involved. But she is identifying and connecting the dots or side effects or consequences that do not exist and imagining a solution without taking into consideration the natural side effect or consequence of human nature. Clearly she is suffering from a delusion of the mass psychosis coming out of modern universities.
Wealth redistribution is Capital allocation or Capital reallocation
CAPITAL ALLOCATION IS THE POWER OF CHOICE OR SLAVERY
- ↑ 1.0 1.1 Relating to or being an utterance that performs an act or creates a state of affairs by the fact of its being uttered under appropriate or conventional circumstances, as a justice of the peace uttering I now pronounce you husband and wife at a wedding ceremony, thus creating a legal union, or as one uttering I promise, thus performing the act of promising.
- ↑ 2.0 2.1 Of or relating to a repeating process whose output at each stage is applied as input in the succeeding stage.