Developing a New Paradigm for Discovering 21st Century Economics

Abstract:

From the desire to shape and exhibit synergy in this research paper, the authors wanted to emphasize the idea of workflow in a macroeconomic framework, this way we put the spotlight on the limitations of current models and the necessity of a rupture in the paradigm. The hypothesis of this paper is based on the fact that we all have limitations, especially when it comes to economic mechanisms. When it comes to macro-limitations, they are economically and financially, not only conceptually, but also in modeling quantitative and qualitative solutions, with even a trend that has been given to the psychology of calm to allow leaving room for maneuver, popularly being called as letting the guard down and so over simplification and over-reliance economy allowed the emergence of this nexus of syncope which outlined the current crisis. During this paper we’ll try to rise questions that would help others to follow new paths towards a new paradigm in discovering 21st century economics.

nsdlogo2016