Tuesday , November 5 2024
Home / EconoSpeak / Standing on the shoulders of cranks

Standing on the shoulders of cranks

Summary:
I use the term "crank" affectionately. The figure below is a valiant effort by Arthur O. Dahlberg to depict the "socio-economic process" as a network of troughs, pipes and valves. Even this elaborate contraption is confined to "the movement of the major social variables." Dahlberg believed that his chart technique communicated his analysis more effectively than words could. What the chart communicates to me, besides Dahlberg's intense commitment is "it's complicated" and "everything is connected to everything else." That's not nothing.

Topics:
Sandwichman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

I use the term "crank" affectionately. The figure below is a valiant effort by Arthur O. Dahlberg to depict the "socio-economic process" as a network of troughs, pipes and valves. Even this elaborate contraption is confined to "the movement of the major social variables."

Dahlberg believed that his chart technique communicated his analysis more effectively than words could. What the chart communicates to me, besides Dahlberg's intense commitment is "it's complicated" and "everything is connected to everything else." That's not nothing.

Standing on the shoulders of cranks

Leave a Reply

Your email address will not be published. Required fields are marked *