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Re:What is money, anyway? by LudwigNagasena on Monday March 28, 2022 @05:27AM (#30828768)
> I do think Graeber is right to emphasize the role of culture and belief--anthropological ideas--as an antidote to overly quantitative/mechanistic models

This is a false and misguided dichotomy. Nothing prevents you from taking culture and beliefs into account when you create a model.

Re:What is money, anyway? by md_ on Monday March 28, 2022 @07:21AM (#30829311)
Can you give examples of this done well? Genuinely curious, as I’ve not seen it.
Re:What is money, anyway? by LudwigNagasena on Monday March 28, 2022 @03:13PM (#30834393)
Many New Keynesian models posit price and wage stickiness.

Labor search models usually have a notion of bargaining power.

Re:What is money, anyway? by um-ha-puh-uh on Monday March 28, 2022 @08:14AM (#30829635)
I do ^^

"Just-so stories that support their preferred ideas" + "so nothing prevents you from taking culture and beliefs into account when you create a model."

A litte OT but,... years ago i read a HN-Topic, about um 'What to change if we could'. I read some postings, where people seem realy angry with abuse, misuse and malpractice, done by people who may or even may not wanted to be remembered as: 'This is our work, we do this cos we are in empowered to do so' (won't explain it more, back to more context:)

My conclusion by that time was, questioning: 'Is privatizing favourable?' Cos there is confusing data, complex situations and a need for easy hypotheses...(and solutions maybe) The assumption that time was, that the gov spend a (huge) budged to pacify many more conflicting 'partys' than a private entity would like to do/or will, cos generating income through excessive spending (may 'only work when'/'need expotential growth') means nothing more than the need to reinvest profits to bigup the businesses.

(sry, non native english-speaker)

And now really OT, I remember some of the friends around Putin are building contractors, and the TV-shows about the war in Ukraine or Syria before um...

[turns-around-in-a-circle] (-;