Beyond Keynes...Toward Concordian Econometrics

International Journal of Applied Economics and Econometrics, Part III of the Special Issue on J.M. Keynes, Vol. 20, No. 1, Jan-March 2012, pp. 248-277

32 Pages Posted: 22 Jan 2011 Last revised: 24 May 2016

Date Written: January 21, 2011

Abstract

For the creation of Concordian econometrics, this paper offers a synthetic view of some technical characteristics of Concordian economics, a new field of research that yields an advanced understanding of the complexities of the economic process, including bubbles, for three fundamental reasons: First, Concordian economics integrates into its analysis hoarding, defined as all wealth that has zero use rate. Second, Concordian economics uses the mathematics of modern science and engineering: non-linear mathematics and fractal geometry. Third, Concordian economics looks into the “black box” and studies the economic process, not as separate events, but as a systems dynamic unit.

Keywords: Keynes, Non-Linear Mathematics, Fractals, Dynamics

JEL Classification: E1, E3, E4

Suggested Citation

Gorga, Carmine, Beyond Keynes...Toward Concordian Econometrics (January 21, 2011). International Journal of Applied Economics and Econometrics, Part III of the Special Issue on J.M. Keynes, Vol. 20, No. 1, Jan-March 2012, pp. 248-277 , Available at SSRN: https://ssrn.com/abstract=1744983

Carmine Gorga (Contact Author)

The Somist Institute ( email )

87 Middle Street
Gloucester, MA 01930
United States
9782835926 (Phone)
9782834936 (Fax)

HOME PAGE: http://www.carmine-gorga.us

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
54
Abstract Views
855
rank
440,941
PlumX Metrics