Economic research is undeniably important and necessary to figure out the minutinae of regulation, however relying mostly/entirely on research when philosophy/Wisdom is also available to assist us and point at more complete and comprehensive solutions, especially when a lingering economic crisis is setting us all up for a rhyming war in an age of modern weaponry, is a perfect example of economic neurosis.
Neurotics so like their problems, and so like to analyze them…over and over and over. So it is with far too many economists and their pundits. Wisdom however is solution, completeness and forwardly oriented…the better to get on with Life and Living…and the next problem to solve. Let us have Wisdomics, not Neurosis Economicus.