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Changing Priorities in a Shrinking Economy

There is a problem. The economy is shrinking. So, the relative priority of the blocks will be different from my implicit assumption, with some aspects fading into history. How should I deal with this? ChatGPT says: Addressing the changing priorities in a shrinking economy for your “Orcop – Prospecta” website involves acknowledging the shifting context …

The central tenets of economic evolution

One of the central tenets of economic evolution is the concept of competition.  Just as organisms compete for limited resources in the natural world, firms compete for market share, customers, and profits in the economic realm.  This competition drives innovation, efficiency gains, and the selection of superior business models, much like natural selection favors traits …

Economics as an Evolutionary Process

Write a piece about economics as an evolutionary process ChatGPT Economics, as an evolutionary process, embodies the intricate dance of human interactions, resource allocation, and adaptation within dynamic environments. Rooted in the foundational principles of scarcity, choice, and opportunity cost, economic systems evolve over time, shaped by the interplay of diverse factors such as technology, …

Religion in localism

This piece is speculative.  Examples of what happens are required. In localism, religion may take on a unique and diverse character shaped by each community’s specific values, traditions, and histories. While some localist communities may adhere to established religious institutions and practices, others may embrace more eclectic or alternative forms of spirituality. At the core …

Introduction

Prospecta is a narrative model of how the future might evolve. It is a forward-looking exploration of the possibilities that lie ahead. The project aims to give insights and glimpses into a world where reliance on fossil fuels is diminished or replaced. The core components of Prospecta are Building Blocks, each describing an aspect of …

Surplus Energy

Economic Cost of Energy (ECoE) is a pivotal metric for elucidating the genuine expenses associated with both energy production and utilization. Unlike conventional indices like the price per kilowatt-hour or the cost per barrel of oil, ECoE furnishes a more encompassing perspective by integrating financial outlays and the energy inputs indispensable for the extraction, manufacturing, …

Retail

In the contemporary era, communities encounter distinctive challenges marked by depleting resources and evolving economic terrains. Amidst these complexities, the imperative of cultivating self-sufficiency and resilience becomes pronounced, particularly in light of diminishing fossil fuel reservoirs and a contracting global economy. A pivotal aspect of this pursuit involves the establishment of local enterprises that address …

Local Telecoms Networks: Embracing Peer-to-Peer Technology

In an era marked by economic uncertainties and looming energy crises, the need for innovative solutions to sustain essential services becomes paramount. Among these services, telecommunication stands as a cornerstone of modern society, enabling connectivity, information exchange, and economic activity. However, traditional telecommunication infrastructures reliant on centralized systems and extensive fossil fuel consumption face challenges …