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YouTube: Pollocks Economic Theory

This forum post is dated 09/12/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.

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Virgil, Kansas

YouTube: Pollocks Economic Theory

Thank author of this post/commentI outline my own economic theory whereby I make a distinction between economic "allocation" and physical world "foundation" These two basic layers work to synergy through integration. Using this model we can gleam insights into the present and also the future. Our allocation assumptions are under obvious stress of constant last ditch adjustments. Finance, government, and mainstream economics are only concerned with "virtual layers." This means that the real-world foundation we rely upon suffers breakdown-neglect thought he process of Malthusian shortage. In fact all our allocation theories are as entirely irrelevant as they are wrong. We need to change a variety of things including the way we perceive value and wealth. Monetary and labor theories neglect foundation elements of life support.

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