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 surprised to read his theories regarding my discipline because he outlines some very valid points. His work does not propose any groundbreaking thinking as to how the consilience-related flaws of economics might be reconciled, but he does an effective job at pointing out those flaws. I believe that Finance, being a functional component of economics, does fit into the framework of consilience. The idea of consilience is far from being embraced and practiced in the real world, but economics will fit into the framework if consilience ever progresses past the idea stage. Wilson’s assertions regarding economics are based upon some underlying assumptions about the development of man’s psyche. The foremost assumption regarding consilience and economi
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Approximate Word count = 3052
Approximate Pages = 12 (250 words per page double spaced)
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