Erudition vs Paradigm Perception

All heterodox economists I’m aware of are very erudite about economics and highly intelligent generally. However, when it comes to identifying a new monetary and economic paradigm virtually all of them are reduced to dunces. This is mostly because they only utilize science to examine economics instead of using both science and the supreme mental discipline of the human species, namely wisdom, which includes and integrates science into its perspective. Wisdom is simultaneously reductive and holistic thinking and direct looking at the area of human existence/body of knowledge supposedly being examined. But that’s the point, science too often only abstracts while neglecting direct observation and so misses much. Looking and then integratively deciphering the various significances looked at is the very means of paradigm perception, and deserves to be called Wisdomics.

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