Wisdom/Religion and economics are complementary studies in that the one is about philosophy/thought and the other about policy/action. What they both require is their integration. Faith without works/acts is dead, and wealth without ethics is equally deadening and leads to preoccupation with power rather than love and its active form known as grace which is the object of the truly balanced mind.

Wisdom/Religion is all about everything causitive you create in your self and economics is what forces us to direct the majority of our time, effort and attention in the temporal universe. An economics truly based on and aligned with spirituality is the next major paradigm change for humanity and will finally close the circle that has kept mankind less than consciously whole and unable to maintain the interactive and integrative state known as grace.

Let us have a Wisdomics-Gracenomics which finally and truly integrates ethics into economics and builds the bridge upon which mankind finally exits its troubled adolescence and fulfills its true species designation, homo sapiens sapiens, wise and discerning man.

“A culture doesn’t change quickly and certainly it seldom changes in any significant degree from just addition or subtraction of a paradigm.”

The Copernican Cosmological paradigm change took place in the tiny area of astronomy and the strictly mental area of religious orientation. Thus its effects while truly significant weren’t immediately felt or understood by the entire populace.

However, a culture changes very quickly if the area of human endeavor/body of knowledge the paradigm change occurs in effects everyone in a fundamental, vital and everyday way, and a monetary, financial and hence economic paradigm change, because everyone is bound to it in such ways, would have precisely that kind of immediate effect.

I don’t know if your reference to addition or subtraction meant the changing of one paradigm to another or whether it was a reference to the subtraction and addition function of the discount/rebate policy. As I just stated if the area that the paradigm change takes place in effects virtually everyone in a continuous fashion then the new one will also have such immediate effects. So far as the simple mathematical operations of the policy are concerned the simplicity of them is not why they are powerful, but rather because the operations occur at a pivotally significant ending, summing and economic factor expression point in the entire economic/productive process, namely where production becomes consumption, and hence its effects are so macro-economically final and significant. And their effects resolve the two major problems that plague modern economies and that heterodox economists say they want to solve, namely price and asset inflation and individual and systemic monetary scarcity.

And all macro-economists and pundits have to do to see this is exit the abstract fugue they so often fall into….and actually LOOK at it present time empirical, mathematical and universal effects.

If one studies paradigm changes they find that the actual operation(s) that effects the paradigm change itself is always simple. The inversion of the positions of the earth and the sun, Nomadic existence to homesteading/urbanization, Debt Only to monetary gifting. It’s just that, that particular operation is so profound that it cuts through most of the theretofore seemingly necessary complexities and false orthodoxies. Reforms are complex, shallow and reversible operations. Paradigm changes are simple, deep and permanently progressive ones.

Considering that the paradigm of Debt Only has been in affect for the entire history of human civilization the new one of monetary gifting is of paramount importance. That we don’t see it and act upon it is telling. And as I write this Notre Dame cathedral burns as people spectate and firefighters cannot reach it. How emblematic of modern civilization’s unconsciously dis-integrative state.

What if chaos is actually the utterly integrative, interactive nature/state of grace of the cosmos pointed at and directly experienced by the individual without abstraction as the world’s wisdom traditions claim? And the remaining aspects of which science has not (yet) affirmed due to an overhang of its bias against anything smacking of religion (understandably), but (incorrectly and stupidly) invalidated because natural philosophy/spirituality are NATURAL mental processes?

Despite and because of randomness grace IS the state of the cosmos because the cosmos is everything including seeming opposites….completely and continuously integrated. And one’s point of view on that fact is the only thing that arbitrates whether that is true for you or false.

Align economic philosophy and monetary policy with the multitudinous and imminently applicable aspects of wisdom and its pinnacle concept of grace or suffer the consequences.

After all, “It’s not nice to fool mother nature.”

Inflation has been low since the GFC. A way to insure it stays low is to tax all enterprise before retail sale at 10% of net profit if the the yearly inflation rate is more than 3%, and if you are discovered to be an enterprise that raised their prices despite being saved the costs of all transfer taxation, a large cut to corporate tax rates and also the cost savings of being able to borrow at 0% interest from the new national banking system then you will be branded as anti-social and taxed at a rate of 50% of net profit. And if that isn’t enough and you continue to inflate you will lose your discount/rebate privileges.

Meanwhile whatever the yearly rate of inflation is it will be tacked onto the 50% discount, so if the rate is 4% then the discount/rebate percentage is 54%.

Offers a rational and wise species purpose, a good investment and diverts spending on less purposeful consumption.

And if such capital agents do inflate, whatever the revenue difference between what they made with the increase and what they would have made without inflating, will be taxed at a rate of 110%.

The whole capitalism-socialism thing is a distraction. The conflict is finance and its paradigm of Debt Only for the sole monopolistic form and vehicle for the distribution of credit/money…versus virtually everyone and every other actually legitimate business model (finance is not a legitimate business model). We can fight for another 5000 years about the merits and de-merits of capitalism versus socialism. It’s the biggest “intellectual hobby horse” out there. The financial powers that be foment that conflict of course, but sniff at it if they give it a thought at all because they know that their control of the paradigm of Debt Only is where the power actually is.

Steve Keen says the problem with neo-liberal economics is they don’t factor in money, debts and banks. He’s right. So why doesn’t he see that these three aspects of the economy focus us perfectly toward the real problem? Because he’s still operating on the theoretical level instead of graduating to the philosophical and paradigmatic integrative levels of knowledge/insight.

You can ask a zillion questions about economic details, but all you really have to do is ask: Does money as Debt/Burden Only integrate seamlessly into the economy? Answer: Yes. So why wouldn’t money as direct and reciprocal gifting not do the same thing??? Just find the best way to do that and you’ll actually change economics far, far more…than going on and on about capitalism versus socialism. Integrate them, and let’s talk about the synthesis/thirdness greater oneness of Direct and Reciprocal Monetary Distributism.

Far better to accomplish abundance, incentivize saving and regulate prudence than to suffer enforced austerity while longing for wealth in a generally rigged system by financial elites.  Mankind has been waiting to be free for over 5000 years. It’s been available for quite some time now. Let us stop being pulled “three ways from the middle” and grasp, embrace and wisely enjoy it by stepping through the looking glass into the new paradigm of monetary grace as in gifting and its policies.

5)  Institute a 20% down payment requirement for mortgage qualification and incentivize savings by doubling their already doubled purchasing power. In an abundant monetary system prudent saving becomes a virtue both individually and systemically not a systemic vice like it is now because abundance and prudence are both aspects of grace, and grace resolves seeming opposites. In a money system based primarily on grace, the paradigm of Debt Only is exposed as the real problem and will “wither away”, not profit or the state.