Concordian Economics: Tools to Return Relevance to Economics |
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Authors: | Carmine Gorga |
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Institution: | (1) Polis-tics Inc., Gloucester, MA, USA |
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Abstract: | With the help of planes and solids, this paper presents an enlargement of the field of observation of economic theory. Through
this transformation, the distribution of ownership rights to money and wealth assumes a central position in economic analysis.
Thus social relevance is returned to economics. The validity of this operation is confirmed by the return of the millenarian
field of economic justice to its traditional function as guidance to economic policy. The paper then presents four sets of
economic rights and responsibilities that offer the potential of translating principles of economic justice into the complexities
of the modern world.
Carmine Gorga
is a former Fulbright scholar and the recipient of a Council of Europe Scholarship for his dissertation on “The Political
Thought of Louis D. Brandeis.” Dr. Gorga has transformed the linear world of economic theory into a relational discipline
in which everything is related to everything else—internally as well as externally. He was assisted in this endeavor by many
people, notably for 27 years by Professor Franco Modigliani, a Nobel laureate in economics from MIT. The resulting work, The Economic Process: An Instantaneous Non-Newtonian Picture, was published in 2002. During the last few years, Mr. Gorga has concentrated his attention on the requirements for the unification
of economic theory and policy. For details, see . |
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Keywords: | Economic theory Economic policy Economic practice Economic justice Economic rights and economic responsibilities Social relevance |
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