Wisdom is the mental discipline and talent of being able to hold apparently contradictory ideas in one’s mind and resolve them in as positive, constructive and ethical fashion as possible. This discernment of Wisdom is actually refined and accomplished by having as fully fleshed out an understanding of its pinnacle concept and experience Grace-graciousness as possible. The Discernment of Grace-graciousness enables one to see real wisdom and also recognize counterfeit wisdom, half-assed wisdom and no wisdom at all.

Grace-graciousness, the pinnacle of Wisdom is the ultimate thirdness and oneness of the best aspects of twoness.

@jake,

The integrated view is that recessions are caused by both. The further and deeper, systemically observant view is that there is an underlying cause that continues to be in play. Smaller recessions occur due to less significant circumstances like poor investment decisions and disruptive events like oil embargos, great ones/depressions are caused by more significant factors like long term mal-investment like what happened in the 20’s, or derivative madness unleashed by the mistaken belief that general equilibrium was reality and so…so what? and money as debt being idiotically marketed to everyone and their dog’s uncle like what happened from the turn of the millennium until 2008.

Now before someone accuses me of being an Austrian (the integrative viewpoint recognizes they have some legitimate points) their’s remains a surface view as much as any other current orthodoxy. If the trend of modern economies has been capital and technical appreciation (and the additional costs of same) for several centuries and the easiest way to reduce costs and to profit is to squeeze and reduce labor costs/individual incomes then the ratio of the rate of flow of total costs/minimal prices exceeding the rate of flow of total individual incomes…..is the likely underlying cause of every fluctuation in the business cycle. And the dual policies of a proactively abundant and ongoing dividend to the individual and a reciprocally gifted discount to prices at the end of the economic cycle at retail sale, first to the consumer and then back to the merchant who gave the discount, would tremendously stabilize the entire system….especially as AI increasingly erodes aggregate effective demand.

What I’m saying is that Wisdomics/Gracenomics/Social Credit is the best integration of the aspects of capitalism and socialism, the best integration of Disequilibrium Theory and MMT.

Nothing continually exists except the Trinity-Unity-Oneness-Process of Grace-Consciousness which by choice and by itself makes every dualistic reality.

Steve Hummel 11/11/2016

Grace/graciousness is not a moment, but a continuous inner and outer action; contemplate wisdom and grace and wisdom and grace will become real to you.

Steve Hummel 11/11/2016

Tune in to Wisdom/Integration

Turn on to Grace Wisdom’s ultimate active result

Drop out of the obsessively Dualistic

With the dual policies of a universal dividend and a retail discount to prices that was gifted back to participating merchants the national problem of any inflation would be completely and ongoingly resolved. Furthermore, every producer in the cosmos would be rushing to sell their products/services in an economy which enabled them to sell their products at a 40% discount in an economy of abundant demand….and get every cent of their discounts rebated back to them so…..who would give a shit what any bogus financial agency erroneously thought about it or even down graded their currency trying to prevent it????? Finally, if each nation implemented the same policies dependent only on their present ability to produce…every single one of them would be continually stable and booming.

You and Keen are both sad erudite dunces and way behind the curve when it comes to actually looking at the temporal effects of the integrative policies of Wisdomics/Gracenomics/Social Credit.

I fully respect anyone’s transcendental concept of Grace. However, the key to understanding the solution to our present economic and monetary problems is realizing every aspect of the concept of Grace as it is best and most wholly applied to those systems.

One of the primary aspects of the concept of Grace is that it is a free gift.  Hence integrating policies that perfectly align with and reflect free gifting is the key to solving our economic and monetary problems.

[ (moment to moment rate of flow of total costs  x  moment to moment rate of flow of total individual incomes practically available for the individual to liquidate total costs)   <->   Direct Monetary and Economic Free Gifting ] =  Dividend

[ (free gift of retail price discount by merchant  x  free gift of rebate of merchant’s retail discount)  <->  Reciprocal Monetary and Economic Free Gifting ]  =  Retail Discount

[ (monetary and economic freedom for every individual  x  monetary and economic freedom for every participating enterprise)  <->  freedom for all agents in the economy ]  = Systemic Monetary and Economic Free Flowingness

Proactive Abundance factors into the calculus with both policies

The reality of the monopolistic dominance of the business model is also a given

That is actually a very good definition of Wisdom itself. And of course one must never lose sight of the fact that Love is the best and highest contextual factor, and that Grace/graciousness is Love in action in the temporal/physical universe.

Steve Hummel 11/10/2016