Concordian Economic Theory as a View of Various Sides of the Economic System

Concordian economic theory is composed of models that observe the economic system from the perspective of production, distribution, and consumption of wealth—as well as the system as a whole. These are specialized approaches that, studied separately, have tended to create separate schools of economic thought. Concordian economic theory does not only try to recover the core of wisdom that exists in every school of economic thought; it also lays the foundation for a commonality of language that will eventually allow for communication across the divide of the schools.