Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "The investment we need is in people" video.

  1. In discussions like these one notices how economics has been conflated with finance, to the detriment of the former. As a Chartered Accountant and an Economist Richard has feet in both camps, and can envisage a more economic than financial view. Economics is not wedded to finance, and we should not talk as if they are the same. Economics is above such notions as profit. Profit is not it's primary focus, whereas in finance it is. So when an Economist is concerned with teasing out universal factors within an economy. Finance isn't. It is concerned purely with financial gain for firms. Economics is collective; financial is individualistic. Arguably then, they are two different perspectives. To our detriment we focus on the individual so much that we undermine and devalue the collective. Consequently, we inevitably erode the basis of both the individual enterprise, and the collective enterprise that supports it. If we carry on in this way, human enterprise will be eroded quantitatively and qualitively. And both capital and labour will suffer. It's already happening, and the pendulum will have to swing back to find equilibrium between individual and collective needs.
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