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Who is Oliver Waters and why should I listen to them regarding economic theory? I read the post, and it reads more like a philosophical thought experiment than any applicable economics theory.
While I don’t believe someone needs a higher education degree to speak on complex topics, I’m not going to take a Medium blog post from someone who lists no demonstrable experience in theoretical or practical economics as a central source for discussions, sorry.
It's not philosophical at all; it's rather straightforward in its arguments, IMO. Not sure why nobody wants to discuss the points directly, and they are cogent points regardless of whose keyboard they originated. If the points made are incorrect, they should be relatively easy to refute.