The document discusses transforming economics into a more positive science focused on growth and prosperity. It summarizes Keynes' model relating income, consumption, investment and savings. It then presents an alternative model where investment equals income minus hoarding. The document also discusses analyzing the economic system through production, distribution and consumption and presents models to describe flows in these areas.

1. Concordian Economics On the transformation of the “dismal science” of economics into The Economics of JUBILATION by Carmine Gorga

5. Pivoting Keynes’ Model Y = C + I S = Y - C S = I

8. Parable of Talents 0% Investment 100% Hoarding More hoarding, less growth More hoarding, more inflation More hoarding, more poverty

20. Flows of Values

21. Strange Attractor

22. The Bubble MW = Monetary Wealth RW = Real Wealth DO = Pattern of Distribution of Ownership Rights

23. Theory of Economic Justice Participative Justice Commutative Justice Distributive justice