Week 6: MODULE 3: Economic evolution

Readings:

• Bullshit Jobs by David Graeber (https://strikemag.org/bullshit-jobs/)
• Summary of Chapter 9: Reluctant Entrepreneurs in "Poor Economics (https://web.archive.org/web/20190223030131/http://www.pooreconomics.com/chapters/9-reluctant-entrepreneurs)
• Farmer, J. D. "Market force, ecology and evolution." Industrial and Corporate Change 11, 895–953 (2002). (https://www.inet.ox.ac.uk/files/publications/farmer/marketforce.pdf) <- this is long, if pressed for time please read the section introductions for qualitative understanding.

Discussion questions:

• How do "bullshit jobs" and "reluctant entrepreneurs" challenge conventional ideas in economics?
• Prof. Farmer introduces and describes the "Force", "Ecology", and "Evolution" of dynamics in the stock market. How might these concepts translate into the "real" economy?
• Do "bullshit jobs" and "reluctant entrepreneurs" fit into this evolutionary idea of the economy?