Finance: How could it not enco

Finance: How could it not encompass all knowledge? Edward O. Wilson makes a multitude of arguable assumptions throughout his writings for consilience. The word itself is arguable if you ask my word processor’s spell checking application. His arguments regarding economics, however, seem to be solid. Wilson proposes that economics, being the closest of the social sciences in nature to the natural sciences, is fundamentally flawed due to its lack of consilience. I was pleasantly …

…long-standing economic problem. His argument benefits because it answers an age-old question without trying to prove the answer. Economists have known that their problem was quantifying human behavior; Wilson has simply restated that problem and offered a theoretical solution. Wilson does not attempt to delve deeply into the methodology one might use to identify the rules, so who knows how well his theories would function in practice. Compelling arguments do not always provide effective solutions.