The Rise of Mesoeconomics https://www.project-syndicate.org/onpoint/mesoeconomics-study-of-networks-supply-chains-key-to-successful-industrial-policies-by-william-h-janeway-2024-05
"…what #mesoeconomics offers to #policymakers is the information needed to guide targeted interventions designed either to increase the resilience of the #economicSystem on the supply side, or to enable effective responses to legitimate extra-market demands. That information necessarily includes a mapping of economic #networks to identify potential vulnerabilities and bottlenecks."
#economics
The Rise of Mesoeconomics | by William H. Janeway - Project Syndicate

William H. Janeway details how a long-neglected field of economic study can be applied to today's most pressing policy challenges.

Project Syndicate

@Virginicus @HeavenlyPossum @dahukanna @marcas

There are lots of technologies that help us escape the trap of tribalism (technically called parochial altruism - altruism within a group and xenophobia outside of it). These technologies range from the practice of democracy and representation to telling stories that create empathy and practical experiences with diversity. They include a lot of practical experiences humans have with community construction.

Studying #mesoeconomics provides us with actual experiments to determine what technologies change the games so that the "tragedy of the commons" doesn't appear.

One of the most fascinating things is that humans are not just members of a single group (tribalism), but rather are members of a very complex web of groups (including groups of groups). This complex web allows the creation of cohesive communities at much larger levels. (It's the key to the scaling up that we've done over the millennia.)

I talk about a lot of these in my #ChangingHowWeChoose book. There are also a good description of these technologies in David Sloan Wilson's Does Altruism exist? And Steven Pinker's Better Angels book.

#behavioraleconomics #communities