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Modern Money

Learning the Modern Money system, macroeconomics, aka MMT


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Framing activation

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1Framing activation Empty Framing activation Mon Feb 03, 2020 5:51 pm

Senexx


Admin

“One of the main take-home points of this book is that framing can have massive systemic effects. The absence of adequate framing can have just as massive effects.
Framing the Piketty insight as just about inequality misses most of what we have just discussed. It misses the systemic effects.

Framing is about thought, about understanding at the deepest levels, about circuitry in your brain with strong synapses that last, about changing unconscious, automatic, effortless understanding—in other words, about changing common sense. Frame change itself is a systemic effect. There are a lot of frames to be changed. How can such overall change be effected?

It begins by strengthening the framing for the progressive moral system and for the progressive view of democracy based around empathy and the responsibility flowing from that empathy. In other words, we have to care about others—fellow citizens of the world we have never met and never will meet—and recognize the fact that the private depends on the public.

That in turn depends on another systemic effect—the effect of language and the brain on public discourse, and the failure in universities to teach that effect.”

“One of the fundamental findings of cognitive science is that people think in terms of frames and metaphors—conceptual structures like those we have been describing. The frames are in the synapses of our brains, physically present in the form of neural circuitry. When the facts don’t fit the frames, the frames are kept and the facts ignored.”

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