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Concordian Economics: Beyond Micro and Macroeconomics

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  • Gorga, Carmine

Abstract

In Concordian economics there is no distinction between micro and macro economics, because the economic process is the same for the individual person, the city, the nation, or the world, What changes is the scale, but not the structure of the process. When micro and macro economics are seen as one, it makes no sense to add monetary wealth to real wealth. It becomes then evident that monetary wealth is not wealth; monetary wealth is a legal representation of real wealth.

Suggested Citation

  • Gorga, Carmine, 2017. "Concordian Economics: Beyond Micro and Macroeconomics," MPRA Paper 77498, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:77498
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    File URL: https://mpra.ub.uni-muenchen.de/77498/1/MPRA_paper_77498.pdf
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    References listed on IDEAS

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    1. Carmine Gorga, 2009. "Concordian Economics: Tools to Return Relevance to Economics," Forum for Social Economics, Springer;The Association for Social Economics, vol. 38(1), pages 53-69, April.
    2. Carmine Gorga, 2009. "Concordian Economics: Tools to Return Relevance to Economics," Forum for Social Economics, Taylor & Francis Journals, vol. 38(1), pages 53-69, January.
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    Cited by:

    1. Gorga, Carmine, 2017. "What To Do If The Stock Market Crashes?," MPRA Paper 79408, University Library of Munich, Germany, revised 26 May 2017.

    More about this item

    Keywords

    JEL: A10; B40; B59; D10; E10; K10; O10.;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • D10 - Microeconomics - - Household Behavior - - - General
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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