deshoebox, That’s an excellent up to date purpose for modern economics, but it’s not a new paradigm. A paradigm is a pattern, a complexity, and a new paradigm is a new single concept that applied changes the character of the pattern it applies to. It is helio-centrism vs terra-centrism, its agriculture, homesteading and urbanization vs nomadic hunting & gathering, it’s competition and cooperation vs monopoly and domination, it’s wisdom/integrative intellectual inquiry vs reductive scientism only and it’s monetary gifting vs debt only.

You will notice that on the surface these old/new paradigmatic examples are also conceptually opposed dualisms, but in actual fact the new paradigm concept is an integrative thirdness greater oneness of the particles of truth in the apparent contentious dualism enabled by a new insight and/or tool. For helio-centrism it was the invention of the telescope and the discovery of the ellipse, for homesteading/urbanization it was agriculture, for The Reformation it was the recognition that individual self actualization was epistemologically higher than enforced religiosity, for wisdom/integrative intellectual inquiry it is the insight that indeed scientific thinking is a wholly included set within the larger mindset of wisdom thinking and for monetary gifting it is the insight of the pattern changing power of the ending, summing and terminal factor expression point at retail sale of a 50% discount/rebate price and monetary policy.

Dave, the study of complexities is interesting, informative and necessary, but the key to discovering and understanding paradigms and especially new paradigms is discerning deep simplicities, i.e. wisdom and the efficacy of wisdom’s pinnacle concept, i.e grace as in love in action/systemic policy.