To balance the economy, we need first to balance our priorities, and abandon rigid ideologies. - David Orrell

The economy is a nonlinear fractal system, where the smallest scales are linked to the largest, and the decisions of the central bank are affected by the gut instincts of the people on the street.

Not only is Homo economicus self-centered, he is a murdering psychopath. However, as with much of neoclassical economic thought, there is an element of circularity here.

Orthodox tools based on a normal distribution therefore fail exactly where they are most needed, at the extremes.