Bill,

Yes, maybe I should restate what I actually think and believe. I believe economists are missing data that would clarify the two major problems afflicting modern technologically advanced economies, namely chronic scarcity of individual incomes and inflation that lead to those economy’s instability. They are missing it because they are simply not looking in the correct place where that data can be garnered and calculus applied to it in order to see its dynamic systemic destabilizing effects. Deciphering this would make clear the policies necessary to stabilize the system. All of the current cutting edge research and theories align with and are converging on the philosophy and policies of the new theory and paradigm that I hope economic theory is awakening to. For instance General Disequilibrium/Flux/Process (Steve Keen) instead of General Equilibrium, monetary addition/abundance (MMT) instead of monetary scarcity/austerity/subtraction, both structural and central (Public Banking) instead of the hiding in plain sight 800 pound monopolistic gorilla of Private Finance and finally integrating individual and systemic monetary grace/Gifting into profit making systems instead of always being “behind the curve” of the increasingly disruptive effects on aggregate individual incomes due to the logics of efficiency that drive and dictate profit making systems, technological innovation and AI.

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Alan,
“The only relevance between Quantum theory and economics is that economists have hijacked some of the maths in an attempt to validate their scientism – it’s not fooling me though.”

Yes, I completely agree with this. Scientism is really just the flip side of religiosity. I recommend a paraphrase of the well known zen koan: What is the sound of scientism and religiosity clapping?