Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

Hot take on economics 

@freakazoid So, dynamics can turn up in various forms. I've tried (unsuccessfully) to catalogue the in the past.

There's fiat or imposed value, as with coin. Also with transjurisdictional standards, such as divorce law and shipping registries ("flags of convenience"). Whatever the *minimum* acceptable *somewhere* is, is acceptable *everywhere*.

There's effective perceived value -- Mencken's "Brayard", or consumer technologies, or bicycles.

@o @woozle

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@freakazoid A is the adoption of the *signifiers* of a quality, process, or mechanism, without understanding the *means* or *causes* of those signifiers. The extreme example being constructing airstrips and craft from jungle vines to invite western "cargo" as in WWII Pacific islanders.

If done deliberately, the word is "fraud".

The issue again is the difficulty in distinguishing *surface* appearances, , from non-topical deeper significances.

@o @woozle

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