“Change, if it is to come now rather than later, will have to be driven by outside influences: by journalists and influential commentators like Kaletsky who now realize how barren the neoclassical approach is;

by a public far better informed via the Internet about the weaknesses of conventional
economic thinking than was the public of the 1930s;

by intellectuals from other disciplines who have long questioned the merits of neoclassical theory and can no longer be rebuffed when the
global economy wallows in a crisis that neoclassical economics completely failed to anticipate;

and by new students who, again via the Internet, now know that there are other ways to think about economics.”

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Indeed there are other and higher more inclusive and complete mental disciplines and ways of thinking about economics that integrate both the scientific method and the intuitive mode of thought, i.e. Wisdom and Wisdom’s dynamically integrated/integrative concept known as grace.    

[ (Dynamically Powerful Personal Transcendent and Transformative Concept of Grace x Dynamically Powerful Temporally Transformative Concept of Grace  <–>  Grace as the integrated duality  within an integrative ( <–> ) thirdness-unity-oneness-wholeness-consciousness-process ]

[ (Debt & Loan Only x Monetary Grace as in Gifting)  <–>  The End of the Rule of the Business Model of Finance ]

Historic examples of the end of dominant powers in paradigm changes

[ (Orthodoxy x Iconoclasm)  <–>  Wisdom and Its Pinnacle Duality Within Trinity Concept Grace ]

[ (Inflationary lower end of cost/price x up and down flexible upper end of price)  <–> Underlying cost/price inflationary Nature of technologically advanced economies that can only be stabilized by policies of monetary Gifting ]

[ (Random Selection x Trinity-Unity/The Cosmic Code) <–>  Grace/Consciousness as Dynamic and Utterly Integrated Synthesis of the Duality ]  = Grace/Consciousness as Primary driver of random selection and evolution which aligns with both (enlightened) quantum theory and what all Man’s Wisdom traditions have posited down through the millennia….that consciousness is the integral and primary  nature of the Cosmos.

Also,:

[ (Structure x Chaos)  <–>  Dynamic, Dialectical-Duality within Trinitarian nature of the concept and temporal reality of Grace ]

Temporal formula:

[ (A x Z)  <–>  G/C ] = A Dynamic Trinity-Unity-Oneness-Wholeness-Process

Described as an integrated Duality within a dynamically integrative Trinity-Unity

Personal formula:

[ (Space x Time)  <–>  Self Awareness ] = The Dynamic Trinity-Unity-Oneness-Wholeness-Consciousness-Process of The State of Grace

[ (Chaos x Order)  <–>  Trinity-Unity-Oneness-Wholeness-Consciousness-Process/Grace as Dynamic Interactive Ratio and Flow ]

Value can be both an outer quantitative measure and an inner qualitative one. Economics is one of the few bodies of thought that vigorously resists and has not been thoroughly interpenetrated by ethics. An integral part of the mental discipline of Wisdom is essential ethical consideration. Combine the process of Wisdom itself and of its essential ethical component with innovation and a truly integrative theory of value is perceived.

c copyright 06/17/2017

Steve Hummel

A Monetarily Direct and Cost/Price Reciprocally Distributive profit making system is the third more unified and ethical system that I refer to as Wisdomics-Gracenomics.