Table of Topics

Bernard Lonergan’s Goal: Generalization and Practical Precepts for Free People

Explanation By Gross Domestic Functional Flows To Supplement Description by Gross Domestic Product

Paul Romer’s “Endogenous Technological Change” in Bernard Lonergan’s Framework

Key Notions

So-Called Modern Monetary Theory does not Qualify as Scientific Macroeconomics

Field Theory in Physics and Macroeconomics

Lonergan’s Laws of Economic Motion

Two Summaries in Functional Macroeconomic Dynamics

A Contrast: Understanding Pricing in Macrostatic DSGE and in Macrodynamic FMD

Quasi-Hydrodynamical Systems

Paul Krugman: Depression Economics

Explanatory Macroeconomic Dynamics; Relevant In Any Instance

The Relativistic Invariant; The Ideal Pure Cycle at the Root of the Aberrant Trade Cycle

FMD’s Take on Greg Mankiw’s Take on Modern Monetary Theory

New Foundations in 30 Minutes

Primary Relativities in the Diagram of Rates of Flow

The IS-LM, AD-AS, and Phillips Curve Models

Functions, Velocities, and the Achievement of Scientific Economics

Lonergan stands alone. No one else systematizes the explanatory functional distinctions.

Why Analyze the Rhythmic Pattern of the Productive Process First?

An Adequate Level of Abstraction and Generalization; A Deeper Explanatory Unity

Prediction is impossible in the general case

The Significance of Burley’s and Csapo’s Characteristic Equation and Its Root Solution

Two Economic Mechanisms, …

Previous “Single Paragraph for Consideration Today”  or “Brief Items”

Textbook Flaws and Deficiencies

Insight Into The Baseball Diamond: Discovery and Implementation

Pure Surplus Income; Capital Expansion’s Monetary Correlate

*Revision of the NIPA into Explanatory Form

*Notes Regarding FRB Monetary Policy and a Theoretic of Credit

*Interest Rates and Payments

*Money: Notes on the Nature and Purpose of Money

The Einsteinian Context

Why Study Peter Burley’s Models?

Why Macroeconomists Don’t Flock to Functional Macroeconomic Dynamics

Five Images

Principles and Pointers; An Invitation to Minds

Help Wanted

Imaginary Letter from an Imaginary Billionaire

Practical Precepts for Free People – Consumers, Entrepreneurs, Bankers

Edifice of Formulae

Why and How the Basic Expansion Fails to be Implemented

Sublation and Subsumption; Keynes, Kalecki, Solow

Standard Footnotes

Bernard Lonergan, Marx, and Liberty

A Note on Disagreeing with Einstein and the Determinists

Harvard Magazine’s Podcast:


Is Functional Macroeconomic Dynamics Easy or Difficult?

Bank of Images