Posts To New World Economic Review 10/12/2016

Me:  The answer is always an integration of only truth(s) which simultaneously creates a new thirdness that is a greater oneness. That is what economic theory needs.

DT:  “As Hume’s student was Adam Smith, economics went Humean.

Science progressed anyway. Experiments with neural cells led to accidental creation of an electrical circuit, hence batteries, chemical polarization, electromagnetism, evolving experimental possibilities with information and power communication technologies and the discovery of the periodic table, Soddy’s isotopes, quantum mechanics, geometrical relativity, circuit topology, information capacity, linguistic relationality and indeed, “the convergence of neuro-physiology and psychology”

TH:  Blaming Hume is a huge part of the problem and a good example of how the heterodox critique is able to change without making any significant progress toward its putative goal.

The revolution that economics missed didn’t happen between Hume and Kant. It happened between Newton and Darwin. The fatal flaw is graphically clear in your complaint that economics should learn something from electromagnetism.

The science of living things cannot be graphed on a Cartesean Plane.

Me:  I understand what you are saying, however,  electro-magnetism may actually be an apt allusion in that it fits into my integrative model of an integrated Duality within an integrative trinity-unity. Electro-magnetism being the integration of positive and negative charges and the thirdness/unitary force of electricity. I call it the Cosmic Code and this is how I would formulate it:

[ ( A x B ) –> C/U ]             In other words a sufficiently integrated Duality leads to a thirdness/oneness, i.e. a trinity-unity. Electro-magnetism fits easily into such a formula thusly:

[ ( + x – ) –> Electricity ]

Progress in Economic theory which moves along “one death of an authority at a time” might not only be hastened by an ethic of such flowing openness, but also might hasten a sufficiently deep and insightful integration that it resolves the major conflicts between the Duality of     (Capitalism x Socialism).

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