I sit at Grantham’s feet.
He says that we have a fixation on the paper world. This is exactly the malady that Dr Iain McGilchrist warns us about in his critique of Left Brain thinking. It fixates on the model of the economy (money) at the expense of the real economy. (Skills, phosphates, oil etc.).
The model is way out of wack in it’s representation of the reality.
The Lecture is called “Things are Not What they Seem.”