All of the “debate”/reaction to each other by macro-economists results in lots of heat but no light. There are many personal/human reasons for this (agendas/ego/reputation regarding both current orthodoxy [stubbornness] and hesitancy to declare a new paradigm because it might not be right [timidity]. The psycho-dynamics can go on and on….as can the heat without any light…if there isn’t an integration of the relevant and operative data and conclusions…from both the Equilibrium and Disequilibrium theories.
In other words neither can be whole and reflective of actual reality without acknowledging the need for an aspect of each to be true. Douglas believed that left entirely by itself the economy was in a state of disequilibrium. He was the first disequilibrium theorist. He also believed that you could bring equilibrium to the economy if you integrated both stochastic and dynamic policies (the dividend and discount) into it. Why are these policies effective in bringing equilibrium? Because their effects are both (statistically) immediate and (dynamically) continuing in their effects on the crux of the problem a general lack of SIMULTANEOUS equality of spendable individual incomes and total prices. Social Credit resolves both the Time and the statistical problem. Hence Dynamic Stochastic Simultaneity Despite General Disequilibrium theory is the integration of the current rivaling theories.
Social Credit/Wisdomics/Gracenomics/ Gracientialism 