if sensemaking is kinda pomo, isn’t all of economics just one crazy post-modern exercise?
Over at our evil twin, Nicolai Foss covers the Weick/Basbøll dispute. In passing, he says that “sensemaking has a distinct pomo connotation.” What’s post-modern about people interpreting things? Isn’t that psychology 101? If Nicolai is correct that creating meaning and value is post-modern, then economics is just one calculus drenched homage to Derrida. Isn’t economics based on the subjective theory of value? Commodities don’t have intrinsic value, people assign them value, which is an example of … sensemaking. Bet you didn’t know the AER was a Straussian crypto-celebration of Lyotard.