Economics

Economics

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The purpose of this two-part series, Economics Actually, is to provide a brief, generally accessible,  introduction to a fresh approach to economics discovered by Bernard Lonergan. In 1998, his results were published by the University of Toronto Press,  For a New Political Economy. However, Lonergan’s discovery has not yet been picked up by professional economists. This series sheds light on the importance of his  discovery and touches on the problem of a needed paradigm shift in culture and economics, the possibility of recovery and (ongoing) progress.

The purpose of this two-part series, Economics Actually, is to provide a brief, generally accessible,  introduction to a fresh approach to economics discovered by Bernard Lonergan. In 1998, his results were published by the University of Toronto Press,  For a New Political Economy. However, Lonergan’s discovery has not yet been picked up by professional economists. This series sheds light on the importance of his  discovery and touches on the problem of a needed paradigm shift in culture and economics, the possibility of recovery and (ongoing) progress.

Part I: A Very Brief Introduction to Economics' New Standard Model

Preface to Part I

Why not begin with facts and data? Discover key functions and relations by which to understand any economy and any economic event.

Part II: Elements of Economics' New Standard Model

Preface to Part II

“Elements of Economics’ New Standard Model” expands introductory discussion into numerous contemporary contexts.