Kruse Kronicle

Tag: commodities

  • We are not running out of commodities

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    by

    mwkruse
    in , ,

    I've been writing about the common misperception of the economy as a zero-sum game and the fear that we will soon (or ever) run out of nonrenewable resources. This is counterintuitive to so many people that I need to address it in detail. I wrote a draft of this section for my book, but I…

  • Manufacturing Fetishism

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    by

    mwkruse
    in ,

    Financial Times: Fetish for making things ignores real work Manufacturing fetishism – the idea that manufacturing is the central economic activity and everything else is somehow subordinate – is deeply ingrained in human thinking. The perception that only tangible objects represent real wealth and only physical labour real work was probably formed in the days…