Real Economic Growth: This concerns our ability to rearrange the molecules and atoms. There is no such thing as true creation. You can’t make something from nothing. Everything that is was already here. You can just rearrange existing stuff into a configuration that is more pleasing to you. This is the beginning and the end of real economics.

Any real economic effect you want to talk about has something to do with why the configuration of molecules and atoms is not as pleasing as it could be.

This is also why technology is a really freaking big deal. It allows us to rearrange with more molecules with more precision.

Finance: This concerns our ability to make promises to one another. Promises are important because they allow us to cooperation and freedom to exist simultaneously. Without that you are stuck either with no-cooperation or coercion.

A key feature about promises is that the extend throughout time. This allows the unusual feature of events in the future affecting things in the present through finance.

Indeed, there is nothing deeply special about this. The distinction between past and future ultimately revolves around entropy and promises serve to lower the entropy of some localized area of the future, thus making it more past-like.

If promises were absolute and never broken then you would be able to remember some portions of the future.

Conversely this is why no complete and stable financial system can ever be created. It would violate the second law of thermodynamics and allow the future to be seen as clearly as the past.  

Government: This concerns the ability to coerce. Contrary to anarchists’ notions there is no such thing as a world without government because there is no such thing as a world without coercion.

In theory we could can have perfectly decentralized coercion, which is the Hobbesian state of nature. However, not only is that not preferable its not consistent with evolutionary psychology. Left to their own devices children, chimps and Chihuahuas will form coercive hierarchies.

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