Thus that philosophy must integrate all fragmented disciplines, sciences, aspects and spheres of Mankind’s life. It must integrate them recognizing the tenets of integration-wisdom itself. Yes, there will always be dualities, but there is and always will be  both a scientific and wise integration of them. Let there be no stone unturned. Let all thinking-philosophies and all doing-policies in all aspects of Life be integrated and be continuously integrated. It is wisdom and the pinnacle of wisdom.

Not a one of you has the brains or ability to think outside of the economic box and realize that the solution to both robotics and the domination of every enterprise and 95+% of the population by the business model of finance is monetary grace as in gifting. It’s simultaneously laughable and tragic for someone outside of the box to see all of you to offer up cynicism, orthodoxy and resignation as the only response.

I show you how the policies that would integrate price deflation into the economy would work, and save everyone and every business the pain of the bludgeoning that price deflation wreaks without those policies and it falls on deaf ears. Orthodoxy makes masochists of otherwise well meaning human beings. Again, if it weren’t so stupid it would be laughable.

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Extremely interesting and enlightening discussion on that thread Mish. Everyone is unconsciously-semi-consciously dancing around the very things that I have been saying are necessary to non-self destructively extricate ourselves from the converging crises we face, namely Wisdom as in integrative thinking and grace as in monetary gifting. 

Wisdom is not BS, and the concept of grace as in gifting is a valid economic concept..especially when the rate of destruction of aggregate demand is set to vastly outpace any rate of job creation, and in view of the scientific fact of inherent cost inflation based on the second law of thermo-dynamics as applied to energy and its costs.  

All that is missing from economic theory is the intention to integrate ideas (wisdom) instead of getting caught up in obsessive theoretical debate, and unconsciousness of a fully fleshed out pinnacle concept of wisdom, namely grace as it applies to economic and monetary realities on the ground.

Congratulations, what you’ve discovered is graciousness. Love is the supreme human experience and grace/graciousness is simply love in action in the temporal/physical universe. Contemplate Grace and you become gracious. It’s the greatest gift you can bestow on others and is actually a greater gift given to yourself. The concept of grace is actually the solution to our economic and monetary problems, and is the concept explored on my blog and in my economic theory of Wisdomics-Gracenomics here:

wisdomicsblog.com

I’ve been reading and learning about economics on the internet now for at least 10 years. Mish Shedlock, Steve Keen, others. Then I discovered Social Credit and I learned a great deal from a group of man on a Google group dedicated to keeping Social Credit alive and its policy framework that is necessary to bracket, encompass and interpenetrate the economy and thus control it. I owe a great debt to these individuals and to C. H. Douglas for their penetrating understanding of the modern economy’s actual problems and the philosophy behind its correction.  Compared to all of the other knowledge about the economy Social Credit is a gem, a clarifying insight that places all other theorist’s “insights” in the category of erudite duncery. And yet I sensed there was more to be derived from those insights. In my contemplation of the concept behind Social Credit, grace, I gained additional insights into its character and nature that would further strengthen and extend its dual policies. Several seminal personal experiences and my studies of certain wisdom traditions and philosophies also aided my insights into the extensions of Social Credit policies.

As time has gone by I’ve realized just how bereft of deep and genuine insight even the smartest and most iconoclastic of economists actually possess, and how blinded by orthodoxy even the best of reformers also are. I feel incredibly blessed to have discovered Social Credit and its policies and philosophy, and I intend to discover even better and deeper ways to make its policies more effective and freeing for both the individual and the system.

The temporal-physical universe is real. The quantum universe is equally real and yet more primary than the physical-temporal universe. Consciousness is subtle yet all powerful in the temporal-physical universe while it is manifest, overt and yet elementary and emergent in the quantum universe. The quantum universe is utterly integrated and integrative. The temporal-physical universe is fragmented, objectified and diverse and yet arising from the quantum universe is not the primary character of reality. The flow of Time exists in the temporal-physical universe, but true and intense consciousness is experienced only in the moment and in the conscious experience of each moment. The quantum universe being the elemental and utter integration of space, time and the thrust toward consciousness there is only the unitary moment which manifests as the basic and unitary flow of consciousness in the temporal-physical universe.

Introduction

Definitions and Explanation of Concepts

Integration-wisdom, trinity-unity-oneness-process, grace, duality-reflectivity of the cosmos, trinity-reality of impulse toward consciousness of the cosmos

Inadequacies of Present Theories

Ways Wisdomics-Gracenomics Resolves Inadequacies

Grace is not simply a spiritual concept and belief. It is also the epitome of temporal universe Good because it is Love….in action, and the only place action can take place is in the temporal universe. And so we see that Grace by definition is the complete integration of spirituality and its action in the temporal universe. Grace being the highest ethical concept and personal experience of Love and its expression in Life and Living it integrates the inner and outer realms thoroughly and unites them in a trinity-unity-oneness-process. The personal experience of Grace is the trinity-unity-oneness-process of Space, Time and interactively dynamic experience of Self Awareness. The temporal economic expression of Grace is the trinity-unity-oneness-interactive and thus ongoingly dynamic process of Balance, Equilibrium and Flow.

The major aspects of Grace as in Balance, Equilibrium and Flow are not meant to be associated with the invalidated theory of Dynamic Stochastic General Equilibrium (DSGE) which actually lacks the dynamic qualities of interactivity and also invertedly mistakes the general tendency of the economy to be toward equilibrium when the temporal universe, which the economy is inextricably embedded in, has ever increasing costs as per the second law of thermo-dynamics. This inevitability of increasing costs is the clue virtually all orthodox and heterodox economists miss, dismiss or only partially consciously understand to their theoretical inadequacy and failure; and Grace as in the direct, additional and reciprocal monetary and cost/price gift,… along with all of its other astoundingly long list of qualities all of which find their reflection in economics….if one decides to be open enough to actually look at them….is the exquisitely dynamic, cutting edge scientific and philosophical concept, factor and aligned policies….that will complete the theoretical task.

A new economic philosophy fulfills all of these requirements, and a call for a new economic philosophy has been called for by numerous economists recognizing that the current one seems to be inadequate given historic instability and the current lingering economic downturn despite orthodox efforts to reverse it. It is my observation that the current economic philosophy is insufficiently deep, broad and reflective of the whole of the one thing most necessary for any body of knowledge to serve, namely the individual human being. A new economic philosophy must serve the individual first, last and always, and also bring increased stability and free flowingness to the economic system as well. This bothness requirement is met only via concepts and actions that themselves represent a combining of bothnesses/dualities, and that’s why the new economic philosophy is based on integration which is the very process of wisdom itself and the pinnacle concept of wisdom which is actually a thirdness that is more whole, more unified and more utilitarian and workable in that it combines only truths, only workabilities and the highest ethical considerations of the opposing theories it combines. If integration is wisdom and the pinnacle concept of wisdom is grace/graciousness then the concepts upon which a new economic philosophy must be based are wisdom and grace.

Thus let us have a Wisdomics-Gracenomics. Then we will have a truly integratively wise and gracefully flowing economy that will serve Humanity instead of requiring Humanity to serve it.