One Week Bootcamp

Restricted to persons with solid backgrounds in mathematics and the natural sciences

Topics

• The difference between commonsense description and explanatory science; and between commonsense slogans and sound theory; the notion of explanatory conjugates
  • The exigence for a normative theoretical systematics
• Functional analysis of interdependent velocities in explanatory macroeconomic science
• The idea of implicit definition fixed by insight
• The theories of fluid dynamics and electromagnetics
  • Continuity
  • Equilibrium
  • Concomitance
  • Solidarity
  • Intensity
  • Velocitous and accelerative
  • etc.
• Other analogies from physics; similars are similarly understood
• The nature and purpose of money
• The role of credit to expand the money supply for theoretically legitimate expansion
• The magnitudes-and-frequencies theory of the velocity of money; initial payments, transitional payments, final payments
• Differential equations necessary to explain a dynamic process constituted by functional interdependencies
• Explanation constituted by abstract primary relativities and concrete secondary determinations from a non-systematic manifold
• What constitutes Modern Field Theory in macroeconomic dynamics
• The structure of the dynamic economic process of production and exchange
• The intrinsic cyclicality of the process and the impossibility of prediction in the general case
• Macroeconomic Field Theory
• Analytic distinctions as the foundation upon which to build an explanatory Macroeconomic Field Theory
• How the channels of the Diagram of Rates of Flow account for booms and slumps, for inflation and deflation, for changed rates of profit, for the attraction found in a favorable balance of trade, the relief given by deficit spending, … [CWL15, 17]
• The notion of so-called “profit”
• The interest rate not an external lever
• The ideal pure cycle for which the system has an exigence
• The theoretical role of philanthropy
• Divergences from norms necessitating a systematic correction
• The deficiencies of present-day economics; specific errors of particular “schools” and “isms”
• The errors and perils of Marxism and so-called Modern Monetary theory
• Culture as constituted by technology, economics and policy
• We the people constituting the private sector and acting in the person of the House, Senate, U.S. Treasury, and Federal Reserve Board
• The vital need for revision of the National Income and Product Accounts into explanatory form
• The Good of Order