Wednesday, February 01, 2006

Subjectivism is Compatible with Disequilibrium.

One of the most powerful ways to describe the tendency towards equilibrium is to compare it to the desire and attempts of the soul to gain the Presence of God. It is the ultimate and constant goal of the soul. In like manner the economy is always in a state of disequilibrium constantly tending towards equilibrium.

There is nothing wrong with being in a state of disequilibrium since it is the real condition of the world. We do not have perfect knowledge of the present or of the future, nor do we have the means to make it available instantly to everyone everywhere, hence there is disequilibrium.

Recognizing disequilibrium as the 'the way of the world' does not prevent scientific exploration or discovery provided an appropriate methodology is used. In the divine economy model it is crystal clear that subjectivism is compatible with disequilibrium.

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1 comment:

'Thought & Humor' said...

You have a riveting web log
and undoubtedly must have
atypical & quiescent potential
for your intended readership.

Best Wishes,
Dr. Howdy,