Concordian Economics: Beyond Micro and Macroeconomics

Carmine Gorga

MPRA Paper from University Library of Munich, Germany

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.

Keywords: JEL: A10; B40; B59; D10; E10; K10; O10. (search for similar items in EconPapers)
JEL-codes: A10 B40 B59 D10 E10 K10 O10 (search for similar items in EconPapers)
Date: 2017-03-13
New Economics Papers: this item is included in nep-hpe and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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