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3 Things to Consider when Rethinking Economics

By Dennis Venter

Dennis Venter is an activist, content creator, and integral economist. He is working on the curriculum reform project at Rethinking Economics Australia and is the founder of the institute for Integral Economics and the Dynamic Approach (IEDA) where he is working on developing dynamic first principles for real-world economics. Dennis completed his bachelor’s in economics from the University of Pretoria and his further research interests include Complexity Economics and the History of Economic Thought.

If you are a student, professional or activist thinking outside of the box to address the questions of our time, then this is for you. Today, at Rethinking Economics Australia, we’ve launched a new blog publication; a shared space where we give respect and exposure to people like you. Join us in rethinking economics for a better tomorrow!

How to rethink economics

Rethinking starts by asking the right questions. Here are three things that will send you off in the right direction.

1 Technology, industries, products, institutions, policies… all of these things are changing our world.

2 Explaining the way you and I respond to these changes is a little bit tricky.

3 It is tricky because:
On the individual level, we are smart and dynamic.
On the collective level, our lives are linked to ever-changing social and cultural systems.

Given this colorful mess, can we really reduce the individual and all of their dynamic needs to a “representative consumer”? Can we reduce our way of life to a couple of lines in a graph? Can we reduce our world to a bunch of models in a textbook?

Let’s go on a new adventure, outside of the solutions provided by the mainstream. We invite you to share your thoughts with your fellow rethinkers! Together, we embark on a journey through the world of pluralism and beyond.

If you are interested in contributing, please visit our How to Submit page. We look forward to reviewing your submission.

Open this article on Medium.