To study theories and practices of the social man, men and women in the social context.
The Somist Institute is carrying out a program of research
and publication that is focused on three interrelated thrusts:
1. The transformation of mainstream economics into
2. The transformation of Individualism and Collectivism into
Somism (men and women in the social context); and,
3. The transformation of Rationalism into Relationalism.
Fifty years in the making, 27 of them assisted by
Professor Modigliani, a Nobel Laureate in economics at MIT,
This is a property that was pointed out by our first Gloucester
poet laureate, Vincent Ferrini, who, reviewing the fundamental
book titled The Economic Process, stated that
Concordian economics "has the answers to universal poverty
and the anxieties of the affluent.”
Annotating this book -- for the second time --
the Journal of Economic Literature in its December 2017
issue (p. 1642) states: "Expanded third edition presents
the transformation of economic theory into
Concordian economics, shifting the understanding of
the economic system from a mechanical, Newtonian entity
to a more dynamic, relational process.”
Reviewing the latest paper titled “Concordian economics -
An Integration of Theory, Policy, and Practice,”
Professor Laurence Katz, a professor of economics at Harvard,
on March 24, 2019, wrote: “I have read over your paper
with interest. You present some intriguing ideas
and make the case for Concordian economics.
But I must conclude that your engaging paper is not a good fit
for the QJE.”
This paper is scheduled for presentation at the
ATHINER Conference, June 29-30, 2020 in Athens
(via the Internet).
We are in the course of publishing Jubilee 2020 and
From the 'Dismal Science' to The Economics of Jubilation --
through Concordian economics (Generis Publishing).
Three essays help to understand Somism:
- Concordian economics: An Overall View
- The Economics of Jubilation
- Somism: Beyond Individualism and Collectivism