Issues in Holistic Economics

 
 

 

Holistic Mathematics leads to three distinctive scientific paradigms which provide the framework for a full understanding of Economics. These are:

• The "real" quantitative paradigm for the static analysis of partial systems (Analytical Economics).
• The "imaginary" qualitative paradigm for the dynamic integration of holistic systems (Holistic Economics).
• The "complex" interactive paradigm which is based on the integration of both quantitative and qualitative aspects (Comprehensive Economics).

The conventional scientific approach - as used in Economics - is based on a limited reading of just one paradigm (i.e. the "real" analytical paradigm). This leads in turn to a highly reduced interpretation of key economic concepts.

The purpose of this discussion is to illustrate how such concepts can be redefined dynamically in qualitative holistic terms. Also the implications of this for both the analytical and comprehensive approaches is investigated.