Stay updated with breaking news from Peter timmerman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Conclusions Peter Brown and Peter Timmerman argue that mainstream economics is an ‘orphaned discipline’. It is founded, they claim, on a “dated and unrevised metaphysical and prescientific vision" that is “incompatible with what we know about the universe and our place in it" (Brown and Timmerman, 2015). Looking at free-market theory in the context of the modern understanding of evolution, this assessment rings true. Please share this article - Go to very top of page, right hand side, for social media buttons. Adam Smith’s concept of the invisible hand was a plausible hypothesis when it was proposed more than two centuries ago (Smith, 1776). Given the state of knowledge at the time, it seemed possible that self-interest, if properly channeled, could benefit groups. But as our knowledge of evolution has progressed, this hypothesis has grown steadily less plausible. The problem is that the major transitions in evolution show a pattern that is the opposite of the invisible hand. Rather than organize decentrally, each wave of group formation seems to use at least some form of centralization. And rather than stoke the self-interest of subcomponents, successful groups seem to suppress it. And they often do so by using hierarchy.
University of Wisconsin-Stevens Point Athletics STEVENS POINT, WI (WSAU) â The UWSP menâs basketball team had five players score in double figures in a 98-65 stomping of UW-River Falls on Wednesday night at Quandt Fieldhouse. Philip Flory led the way with 26 points. Peter Timmerman and Brady Wagner had career highs with 20 & 16 points. Garrett Nelson added 13 and Cliff McCray had 10. The Pointers, now 2-5, will travel to River Falls on Friday. Â The UWSP womenâs basketball team topped UW-River Falls 84-76 on Wednesday night in River Falls. Taylor Greenheck tied career highs with 24 points and 12 rebounds. Bailee Collins also had a double-double with 21 points and 12 boards. Jessica Slowik had a career high 13.