The Mission of Betrayal: Shepherd Wolves, Red Herrings and Poisoned Meatballs, 3

Wil Coyote closes the book, and a thought balloon appears above his head: “Hmm… Opinion leaders, experts, watchdogs and society’s immune system, then. This calls for a good look.” And then he looks around in search of a good place to start and possibly a good direction to be taken.

Economy is survival, therefore economics is the science of survival. Survival is attained through production and exchange of survival factors, therefore economics is firstly the science of production and exchange. The means of credit, payment and exchange like moneys are among the most fundamental tools of survival in that they allow to split barter and so remove the most fundamental bottleneck to exchange and thus to production, therefore the science of the means of credit, payment and exchange, like moneys indeed, is among the most fundamental elements of economics and among the most fundamental make or break points in economy.

“Hmm… sounds like a good place to start. So, who are the opinion leaders, experts and whatchdogs in this area, economics as centered around money in all its possible forms as we have previously seen?”
With an important caveat: be prepared to face empty centers.
During our photo safari we’re going to study our characters from the point of view of how do they relate with the center – money as we now know it – and we must be prepared to notice and evaluate the absence of relationship as much as its presence if not even more.

I guess we can roughly list three categories: those who study, those who act, those who inform. Ideally, economists, sociologists and the alike ought to research what’s best; politicians, public officials and the alike ought to gather our consent to carry out what’s best; journalists, media operators and the alike ought to keep us informed about who’s doing what, and how. Ideally.