Governments intervene to affect, directly or indirectly, what people and businesses choose to do as they work and create wealth. Politicians continually refer to the economy and people credit or blame the government for the state of it. But there is no «economy», there are only people pursuing wealth-creation (economic) activities, or not.
Governments have, or think they have, a responsibility to sustain or enable prosperity i.e. the generation of wealth. So the Framework relevant to their proposals and interventions. Anyone can use this impartial Framework to judge for themselves. See the findings now.approaches can generate a
«There is no such thing as an economy.» Why?
The economy is an idea or concept. It can be thought about and reasoned about, but it cannot be observed and cannot be causative or powerful. It is not a THEE entity because THEE only deals with things that are directly observable. What are observable are individuals and organizations that pursue activities that create wealth for themselves. Read more about mysterious things like money, prices and lending from a combined and Reality-centred perspective.
A familiarity with the approaches/mentalities is assumed. This brief summary gives links to more details. Some familiarity with other applications of the will also help: e.g. cooperating, career development, developing a strong commercial ethos, & business and market strategies.
This provides rather simple formulations aiming to clarify: wealth, money, prices, lending and competition. (Political issues are examined elsewhere.)
In using the approaches to a person-interacting-with-others in society for their own benefit» to «a government-interacting-with-its-society to benefit economic activities».
The THEE principles are meta-economic rather than strictly or directly economic.explain how governments alter the social environment within which wealth-creating activities are pursued.
Government depends on commerce for prosperity and for its own funds. So it should value commerce highly. At the same time, interventions are required to handle inequalities and environmental damage which unregulated business generates.
The Framework is a hierarchical structure with a THEE-Tree specifying interrelated meta-economic responsibilities and influences. A full examination of itself is posted elsewhere.
Key notions, well-recognized in public debate about the government and its handling of the economy, can certainly be seen to link with the seven fundamental approaches to. The value of this application is twofold:
Unlike executives and management consultants, politicians and top officials are unlikely to take note, given the current state of politics. Politics is a separate THEE-Topic, recently investigated and now posted.
Because, in the final analysis, the people are responsible for their politicians, it remains important that you and I and everyone else should broadly understand how government could and should operate to enable a prosperous society.
Most economists are proud members of their discipline, i.e. they are cause-centred, which has certain implications:
From a power-centred perspective, which is often the secondary mentality for people, academics are dependent on tenure or grants from government bodies. They become inextricably caught up in competitive scrambles for prestige, power and grant money. This leads to a largely unconscious tendency to distort realities or give in to political pressures, however impartial their presentations to colleagues may seem.
Start with the background ideas. Or go straight to adjusting for the new frame of reference.
If you wish, see the end result now.
TOP Note: This Framework-application is in a provisional state. Please provide examples, correct mistakes or inaccuracies, and help develop it further or apply it.