«A problem I often find with economic truisms is that they tend to carefully ignore the time component.»

It's a bit of an aside, but I feel like I keep waiting for someone to finally invent a proper calculus of economics. Taking economics classes side-by-side electrical engineering classes in college the lack of time in most economics work seemed particularly jarring at that time. I kept wanting to convert economics to some semblance of electrical diagrams and investigate deeper the first and second derivatives of money with respect to time... (It's not the potential voltage (money) in an electrical diagram that is interesting, but differentials of voltage and current flow (and resistances to that), neither of which are well defined as concepts in any of the economics I saw in school.)