Aren’t DSGE and Disequilibrium theorists a little tired of the Catch-22 nature of macro-economic theory by now? I mean honest to God, when are they going to stop pissing and moaning at each other and find an integration of things by looking in some of the niche areas of theory like consumer finance or looking for missed metrics inside of accounting like cost accounting? And why don’t they look at the asymmetries of power and obviously glaring monopolies in supposed free market theory that Banks and Banking have? Why don’t they look at external factors like innovation, and artificial intelligence that due to their logics of efficiency are increasingly reducing aggregate demand? Last but not least when are they going to look at history and see that all of the scientific breakthroughs, paradigm changes, slavery to freedom stories and non-destructive, successful mass movements have in common: an ascending integration of orthodoxies, a new insight that transforms instead of merely reforms, a mass movement fired by an ethical imperative that sets the individual and the group free against impossible odds, sees obviously significant external factors that have been hiding in plain sight, and finally, contains and/or reflects a spiritual concept?????
If It Was Good enough For Einstein, Moses, Jesus, MLK Jr. and Ghandi…Its Good Enough For Me.