A New Paradigm: Bernard Lonergan's Macroeconomic Field Theory

Purely Relational Foundations for Macroeconomics; An Explanatory Systematics and A New Standard Model of the Objective Economic Process

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Key Notions

Introductory

Functions

Further Comments re. Functions

Science and Explanation in Macroeconomics

Implicit Definition by Functional Relation; Scientific Significance of Terms

Postulating vs. Explaining in Macroeconomics

Stagflation

Canons of Empirical Method

The Leibnitz-Newtonian Shift of Context and Scientific Economics

The Necessity of a Diagram for Insight in Larger and More Complex Questions

Concomitance

Prediction and Control: The Ideal Pure cycle and Probabilistic Indeterminacy

“Basic” and “Surplus”

“Profits” and “Costs”

The Intrinsic Cyclicality of the Productive Process

Circuits and Interdependencies

Real Analysis; the Projection of the Dynamic Structure of the Productive Process into Correlated Classes of Payments

Savings Are Not to be Identified as an Increase in the Money Supply

The Social Dividend

“Current-cy”

Subscript k; The Application of Factors of Production

“Dynamic”; and a Mankiw-Weinzierl Essay

Equality, Identity, and Definition

The Good of Order

Criticism Requires a Normative Theory

Haphazard

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