Economic Confusion and Out Thinking…of One’s Self…On Equilibrium, Disequilibrium, Wisdom and Folly

Economists are smart, unfortunately smart does not always translate into Wise. The former is often characterized by much cogitation, but less so by illumination. In other words lots of heat but no nearly so much light. Why is this? In short a failure to integrate which is not only the process of combining only truth(s) and workabilities/applicabilities…but the process of discovering and garnering Wisdom itself. It is a diverse, interesting and sometimes confusing world, but Wisdom is, it exists, and we are accurately labeled homo sapiens sapiens, wise and discerning man, so the possibility of the two being integrated is possible.

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