A Comparative Note on Einstein’s Special-Relativity Field Theory and Lonergan’s Macroeconomic Field Theory

Special Relativity and Functional Macroeconomic Dynamics are field theories.  (Click here and here and here)  We wish to gain further appreciation of FMD as a field theory by juxtaposing it with Special Relativity.

… Special Relativity is primarily a field theory, that is, it is concerned not with efficient, instrumentalmaterial, or final causes of events, but with the intelligibility immanent in data; but Newtonian dynamics seems primarily a theory of efficient causes, of forces, their action, and the reaction evoked by action. … Special Relativity is stated as a methodological doctrine that regards the mathematical expression of physical principles and laws, but Newtonian dynamics is stated as a doctrine about the objects subject to laws.  [3, 43/67] (Continue reading)

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