One cannot help but think that Bernard Lonergan had **functional** **macroeconomic dynamics **clearly in mind as he treated the intelligibility of world process in CWL 3, *Insight: …, *which is very much an implementation of the act of understanding of mathematicians and natural scientists. In his understanding of mathematics, the natural sciences, and the science of macroeconomics in particular, he grasped that the explanation of the **dynamic concrete **process is expressed by a mathematical conjunction of component **abstract **primary relativities with component **concrete **secondary determinations from the non-systematic manifold. And these secondary determinations, such as particular prices and quantities, are to be **interpreted **in the light of the significant, abstract, explanatory variables rather than in the obscurity of the **IS-LM, **and **AD-AS **models. (Continue reading)

# The Two Components of Concrete Relations

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