Talk:Binary economics

There was a useful discussion around an article on Binary Economics. An unresolved dispute occurred and as a result the article was withdrawn by the original author. However, the discussion had some important references to the fact that the issued raised in Binary Economics (a new paradigm of economic theory) need to be addressed.

Is that discussion available somewhere for reference and possibly for another attempt to produce an article on the subject?

Part of the difficulty lies in the paradigmatic nature of Binary economics: it is outside the conventional framework of economic thought (although it is not just original research). I believe that there must be a way of treating such "heretic" subjects and still comply with citizendium/wikipedia standards.

Janos Abel 06:31, 14 May 2007 (CDT)

Ran a search for "binary economics" on google scholar. Gets 64 hits with 4-5 authors. So this is a tiny topic (cp. "fractional-reserve banking" got 725). Since CZ has only 93 economics articles, this would be lower than low priority I'd think. How about an article on "macroeconomics" or "econometrics," or maybe "pareto optimal" (24,000 hits)? That's my view. David Hoffman 09:22, 14 May 2007 (CDT)

Thanks, a reasonable standpoint. I was really hoping for some take up on the issue noted by Martin Baldwin-Edwards while discussion the problems of the article:

"... Notwithstanding all the above, I want to see a good entry on this topic (binary economics). The theoretical challenge to neo-classical and Keynesian economics may be muted, but its practical implications are important. In particular, wealth distribution as a key component in the functioning of capitalist economies is neglected in the classical literature. In my view, this problem is becoming increasingly visible across the world and may yet lead to new theoretical positions in mainstream economics. We have not yet reached that point, however...

Janos Abel 11:40, 15 May 2007 (CDT)