Posted to RWER Blog 07/31/2015

What economic theory needs is integration. Integration that takes the truth(s) and workabilities/applicabilities of opposing theories…and only these things….because that is what an integration actually is…and then also integrate both utility and ethics. This is the process and means of garnering Wisdom which is itself the most ethical integration of truth(s) and their workabilities/applicabilities. Then, as our various Wisdom traditions tell us, and by whatever other names it may go by, Grace/graciousness is the pinnacle of Wisdom, and so deciphering the aspects of Grace/graciousness and applying them to economic theory and policy ought by that logic be both the best, wisest and most ethical route to follow. It is no coincidence that the practical goals of economics and the major aspects of Grace/graciousness are both balance, equillibrium and flow. A Wisdomics, a Gracenomics and a Gracientialism are the way out of our modern crisis and the way home to Wisdom and all of its many benefits.

wisdomicsblog.com

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