Libertarians and damned near everyone else these days are so dip shittedly hypnotized by orthodoxy of one stripe or another you’d think there was a church on every door step instead of every block or so. Do I advocate for only science? Hell no, science is almost as afflicted with orthodoxy as anyone and everything else.What about the thirdness of Wisdom and the oneness of its pinnacle concept of grace though? Do I advocate for religion? Oh Jesus no, one obsessively contending duality is no better than any other. But if we contemplated the philosophical concept of grace, some of the aspects of which are the essence of tolerance of other people’s beingness, opinions and culture, a personal mental freedom and a kind and ethical rationality; ….and if applied to our economic system abundance, stability and sustained free flowingness….maybe we’d be a little less asshole opinionated, prosperous and peaceful.

Wisdomics-Gracenomics: The New Integrative Economic Theory

It isn’t the state that will “wither away”, it’s the dominance of Finance. And that is why the natural philosophical concept of grace as in monetary and economic Gifting is the new paradigm necessary to be integrated into the debt based money and digital pricing systems. And of course all of the other aspects of that concept will apply to and will need to be aligned with every other facet of economic theory and regulation thereof….as has always been the case with a paradigm change, i.e. everything adapts to the new paradigm…not the other way around.

To reject Wisdomics-Gracenomics is to have absent or incomplete mental integrations likely on several subjects/bodies of knowledge. Sorry, grace is complete integration and continuous integrating, and the rational consideration of morals, i.e. ethics.

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The “Perennial Philosophy”

The world is beset by pandering to power on the left and on the right, cynicism in the middle and an unconscious religious scientism that overlays the entirety of modernity. The wisdom of the “perennial philosophy” of Love and Grace has always been the answer and is more relevant now than ever before. It is time that this confederation of dunces sits down, shuts up and contemplates that philosophy. Sorry, there IS a rational end to patience.

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You see the problem with macro-economists is they look through a glass darkly. Steve Keen correctly observed several years ago that economists could get their PhDs in economics without so much as taking an elementary course in accounting. I complimented him on that insight and directed him to look at the subset of double entry bookkeeping, cost accounting, and also at the digital natures of the debt, money, and accounting systems, but apparently he neglected to do so. Hence I see that he is still trying to solve the real monetary problem of the economy (scarcity of aggregate individual income) by referencing the velocity of money on his patreon site. Of course the velocity of money is a circuit of money whose relevance to adding aggregate individual income is zero to nil. Why? Because:

1) the classical illustration of the velocity of money is false because it shows businessmen treating business revenue as if it were their individual income which a) it is not b) it is accounting fraud to treat it as such and c) if you do it only a little bit you end up having to stiff your vendors which both wrecks your business and also ultimately bankrupts you.

2) no matter how much money is circulating/re-circulating within the economy is again by definition business revenue….it doesn’t create any additional individual purchasing power…because increased business revenue doesn’t one for one or even at all translate into the vast majority of labor’s income going up.

So if economists would instead look at the facts/realities in my post above this one, they’d be able to discover policies that indeed WOULD increase aggregate individual incomes directly and business revenue reciprocally….and poof! A large component of macro-economic figure-figure would dissipate and the new paradigm would become apparent to them.