Saturday, November 20, 2021

Legislation, Infrastructure and Inflation-Where Do We See Ourselves in 20 Years?

Some of the economists are discussing inflation and the impact current bills have on recovery. There are experts who are saying no issues and there others who indicate it will be worse. What I can say is that in any bill there are things I agree with and other things I'm not sure I understand well. What I'm more concern about is the year 22'-23' interchange and whether or not businesses have fully adapted and that will mark the beginning of a digital and social strategic era. Some economists are now arguing that 2022 to 2023 people will be working and supply chain issues will be relaxed leading to growth 

I would call any major government response an adaptation to environmental challenges. This may also be the time when our national structure has shifted to environmental and competitive issues and in turn create more alignment of business and national interests. Chaos Theory is part of the economic and social upheavals we experience now as things shift and people question the world in which we live. With luck that will settle down into something more productive if we can get our leadership in both parties to focus on destinations further down the road versus limiting our options through partisanship (Or...breaking the system with hype rhetoric. This is the time for truer leadership in both parties...and those who are not part of any party.). Its not an endorsement or lack of endorsement for a policy. I state what I support and mum on those things I don't understand. Keeping focused on what might produce the best results down the road.. i.e. 20 years. 

Predictive Analysis
Example
Through the forced adaptation of Covid we have challenges and options. Yet everything is a choice. Short Lived Covid Shock?, GDP on Govt. Mind, How Covid Will Change Economy, Red Queen, Evolutionary Economics, Chaos Economic Evolution, Combining Keynesian and Schumpeterian ModelsHuman Instincts and Work,  Not Out of Woods, and Infrastructure Digital Era. I'm trying to solve a puzzle. All theory is a puzzle and explanation of events but the proof is in what happens through predictive analysis. Economics is the study of human behavior and choice and thus it is a study of how choosing one path opens up possibilities and closes the possibilities to others. You can read a little something on predictive modeling of socio-economic systems. 🤷


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