statistical analyses such as the genuine progress indicator, and written about by experts as diverse as economist Mark Anielski, in his book “The Economics of Happiness” and Charles A Hall, professor of Environmental and Forest Biology at State University of New York (SUNY) in his book “Making Development Work”. Philonomics unites these variations in a single word, in an attempt to present an alternative to the present social science of neoclassical economics. The concept of the unfinished is suggested as an appropriate approach for:
refining the definition of philonomics and its derivatives identifying people who have been thinking in a similar way and would wish to help promote the science and the word by which it is defined develop the detailed aspects associated with the academic and practical application of the science.
Philonomics is presented as an umbrella term for all ideas and actions that challenge the assumptions of conventional economics. In the long run, I hope that the challenges presented through the framework of Philonomics will cause conventional economics be re-interpreted in a way that reflects a meaning closer to the Greek word oikonomia (whose definition is similar to that of Philonomics). As currently practiced, however, conventional economics more closely aligns with the meaning of the Greek word chrematistics (meaning money and riches) – that is, it values only what can be bought and sold, and valued with currency. Humanity, love, the well-being of the earth and the living creatures on it none of these are included. Over time, I hope that many people, including those economists challenging neo-classical economics and the perceived necessity and inevitability of economic growth, will identify with the new Philonomics framework and contribute their ideas to its development and help identify and describe those models which reflect its principles. When more detailed ideas are presented as to how philonomics will function as a science and the word becomes widely used, then it is more likely to be defined in dictionaries. If this were to happen there is a greater chance that it will be accepted in academic disciplines and become a realistic force for fundamental change. 198
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