The Household Economy

I found this blog post on The Household Economy courtesy of The Energy Bulletin and simply had to link to it.

This post goes into detail about the revival of the household economy and it’s invisibility in terms of accepted economic theories by using the example of making homemade Raspberry Jam.  It’s a wonderfully evocative example for me thanks to my memories of my own mother making homemade jam and marmalade when I was a child.

The article is highly recommended as it points out the difference between the official percieved economy and the truth of the economy, the things that happen under the radar.

I’ve talked in my most recent article about the difference between the map and the territory and the problems that can occur when the territory isn’t quite reflected in the map.  This article illustrates this principle (among others) very well with some very interesting comments as well.

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