Alternative Economies

Here Ken explains why he calls economics the "dismal science." Thus far, economics has only studied human behaviors (the exchange of goods and services); it does not study what motivates those behaviors. Economists have not yet produced a science that accounts for why people spend money the way they do. If you want to understand people's motivations you'll have to account for people's interior motivations, not just their behavior. And if you account for people's interiors, you'll need to understand a thing or two about developmental models. Once you explore the research about developmental models, you'll see that there are different motivations to spend at different levels of development. There are, to use developmental terms, magenta economics, red economics, amber economics, orange economics, green economics, teal and turquoise economics, etc. An integral economics would study the interior motivations for spending patterns and the resultant exterior exhanges of both individuals and societies.