Functions, Velocities, and the Achievement of Scientific Economics

Introduction (Achievement)

“Function” as Sometimes Nominally Descriptive and Sometimes Theoretically Relational

A Monetary Function

The Threefold Process

The Redistributive Function

Scientific Explanation

Implicit Definition and Scientific Significance

The Meanings of “Function”

Rates (Velocities) as Basic Terms

Interdependence and Conditioning Among Functional Velocities

Functional Velocity as a Technical Term

Implicit Norms

The Formulation of Functional Interdependencies

The Achievement of Explanation

Further Review of Equations