Knudson is correct Keen has not offered ongoing policies that are comprehensive enough to stabilize the system. His call for “a modern debt jubilee” is spot on as it is a reflection of monetary Grace as in Gifting. Grace (not religious Grace, but its linguistic meanings and psychological experience) in one or more of its aspects is the concept that underlies each of the leading economic and monetary reform movements extant….whether they fully realize that or not. Take the particle of truth in opposing ideas and integrate them. That is the process and truly progressive nature of Wisdom whose pinnacle concept is Grace as in Dynamically Balanced Flow. Georgism also has an aspect of Grace, namely productiveness (as opposed to the static, stagnant and unproductive nature of mere finance and rent) so its reforms could be incorporated into a paradigm of Grace.

Wisdomics/Gracenomics is what we need to avoid the idiocies of economic orthodoxy and the perils of long term economic stagnation in an age of modern weaponry.

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