Posted To Evonomics Article By Steve Keen 05/27/2017

Just because most economists haven’t discovered/re-discovered a dynamic factor in the micro-economy that explains our economic and financial instability…doesn’t mean it doesn’t exist. Macro-economists indeed would be smart to embrace complexity and also general disequilibrium and the only thing that has historically provided the insights and solutions to such, i.e. the integrative mental process of combining opposing truths, workabilities, applicabilities and their highest ethical considerations AKA Wisdom. Integrate/Combine Wisdom and science and you’ll get a Wisdomics which is precisely what economic theory needs.

Wisdomics/Gracenomics is the new integrative theory that commits monetary and financial paradigm change and out of which a new ethic and greater ecological rationality can emerge.


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