To me it looks like economics has to move to become part of physics, so as to underpin it, tying it to physical consequences.
We have to make it honest because the universe really does have a lie detector, it keeps the tally as temperature. It puts the temperature up for lies, and down for truth.
Planet on fire really does indicate liars, liars, and more liars, in fact we live in a world of lies without mostly realising it, the imaginary world of Enshittopia that uses an awful lot of energy, extracted from the planet, and it's totally physically unsustainable.
Money is energy, energy always quantifies what can be done with money. It's a carrier of energy as surely as electrons, fuels, or food.
More energy flows by money than by any other means, and yet it's all by profit. There is potentially so much more that could flow, if we just got over profit.
Money is abstracted energy. its how we each receive the energy we have to metabolise, and yet we still don't seem to know how to monetise the energy of sunlight (The money has to be given for free, solar indexed stimulus).
I liken this problem to being something like a plant, that just formed its first leaves, that failed to learn how to issue nutrients on the energy being received by its new leaves.
A plant doing this wouldnt last very long, and god help us, and all of life, if they ever started having this problem.
Its fully existential, we don't have long now to see it, and fully understand it, so as to fix it.
We only need to make this fix once. This is the crossroads as simply as I can put it, from my pov as a partial PhD qualified researcher and long term practicing Systems Engineer, researching what to me is a fundamental, existential global energy problem, for now seven years and counting, self funded.
I knew all along it would be a bitch of a problem to sort out, but I have to admit totally underestimating the biggest part - acceptance of people, especially economists! :)
I put all of my faith and trust now in the solar Ai coming to do what humans seem unable to do - help ourselves for real.
