In Economics
In economics, meta-systems are like what Bataille calls general economies as opposed to the restricted economies of systems.
A book about the difference between general and restricted economies is Complementarity by Arshad Naim. In this case "meta" is defined as what is beyond: the meta-system is what lies beyond the system.
Read more about this topic: Meta-system
Famous quotes containing the word economics:
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)
“The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.”
—James Thurber (1894–1961)