Have you Ever been Swept Off Your Feet?

In both cases – whether the bubble was inflated with positive or negative energy – the participants in the bubble are being swept away further and further away from actual physical reality and start to see everything either ‘extremely negatively’ or ‘extremely positively’ – neither experience is grounded in reality – because the physical is neither positive or negative – it just is what it is.

And Then You Crash – Meconomics

In this little series, we’ve been investigating the phenomenon of inflation, how we in our daily lives participate in ‘inflating our reality’ and so, how we are on a personal level participating in the same principles/dynamics that we see playing out on a bigger scale when it comes to inflation, speculative bubbles and financial market crashes.

Welcoming New Life with Living Income Guaranteed

Comfort, security and nurturing are all things we wish are present when a baby comes into this world. Yet, these conditions are not a reality for many babies, as parents themselves like these things in their lives. In Pietermaritzburg, the capital of KwaZulu Natal province in South Africa, 3 to 5 babies are…

Humanity Washed Ashore

This was an excerpt of just one of the stories about the boy. Over the last few days, dozens have been written and published on various major news sites. What is more striking than the content of the posts, is the comments that are left on these articles. What is humanity’s response to such images, to such news?

Voting Fun – What does it Feel Like to Have a Say?

Now – before such increased direct political participation is a reality – let’s do a little test to see what it feels like. So – here are some mock-questions where you’re asked to give your input. Imagine that this relates to your direct reality (eg. your town) – and your answer has a weight that influences the outcome of the decision. Of course, in reality…

Showing posts with label consumer behavior. Show all posts
Showing posts with label consumer behavior. Show all posts

17 February 2015

"Meconomics": ME-Economics

I’m sure everyone or most have heard of the words microeconomics and macroeconomics – where microeconomics looks at single factors/products/services and the effects of individual decisions (for instance what happens when I increase the price of the product I’m selling) and macroeconomics works with aggregates, looking at entire markets or the economy as a whole (what happens if the price of oil increases in the economy). However, in my economy studies I haven’t come across a single word that describes how we live economic decisions and apply ‘market logic’ in our personal lives – so here I am making one up: Meconomics, short for ‘ME-Economics’.

Sure – we can say ‘what you’re looking at is psychology – not economics!’ And yes – I am looking at psychology – but I’m looking at economics in the same extent as I am at psychology. Here is an example of how our Educational system enjoys fragmenting reality – breaking it up into bits and pieces so it can neatly fit in a particular box – and, apparently, what fits in the Psychology-box does not fit in the Economics-box. It’s mind-boggling to consider that economists may have never had any psychology course at all – that’s like a doctor not being trained as a nutritionist! (Oh wait, that’s the norm... case in point!)

If you take a moment to consider you’ll agree that psychology should be at the basis of our education – because everything we do, we do as a human being; How can we understand politics if we don’t understand human behavior? How can we understand economics if we don’t investigate our inner relationships with giving and receiving? How can we understand the function of the body if we don’t take account of the effect the mind has on it? How can we understand law if we don’t understand the law of our being? In other words: How can we understand the world if we don’t understand ourselves?

So – Meconomics will be a series of blogs investigating how we are maintaining the status quo of the economy on a micro and macro level through applying/living out the same logic, the same reasoning, the same models in every day life, whether it pertains to decision making, relationships, community living, self-image, socializing, parenting, siblings and so on and so forth.

If you have any ideas for topics to include in this series, feel free to leave a comment so I can dedicate a blog to it as part of the series. Let’s cover new ground, new ways of looking at economics, new ways of looking at ourselves – so we can become aware of how we are in fact, through the principle ‘as above, so below’ creating the rules of the game that determines human life on Earth in so many ways.