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Concordian Economic Theory as a View of Various Sides of the Economic System

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  • Gorga, Carmine

Abstract

Concordian economic theory is composed of models that observe the economic system from the perspective of production, distribution, and consumption of wealth—as well as the system as a whole. These are specialized approaches that, studied separately, have tended to create separate schools of economic thought. Concordian economic theory does not only try to recover the core of wisdom that exists in every school of economic thought; it also lays the foundation for a commonality of language that will eventually allow for communication across the divide of the schools.

Suggested Citation

  • Gorga, Carmine, 2017. "Concordian Economic Theory as a View of Various Sides of the Economic System," MPRA Paper 79455, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:79455
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    File URL: https://mpra.ub.uni-muenchen.de/79455/1/MPRA_paper_79455.pdf
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    References listed on IDEAS

    as
    1. Christopher A. Pissarides & Barbara Petrongolo, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June.
    2. Hayek, F. A., 2012. "Hayek on Hayek," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226321202 edited by Kresge, Stephen & Wenar, Leif, September.
    3. Matthew Rabin, 2000. "Risk Aversion and Expected-Utility Theory: A Calibration Theorem," Econometrica, Econometric Society, vol. 68(5), pages 1281-1292, September.
    4. repec:ucp:bkecon:9780226320625 is not listed on IDEAS
    5. Robert Clower, 1960. "Keynes and the Classics: A Dynamical Perspective," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 74(2), pages 318-323.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Concordian economics; macroeconomics; methodology; Keynes; Hayek.;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology

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