The Importance of Meta-Level Principles in Economics

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There is no equation that can deterministically tell us, for example, which species will rise from the Earth's muck. In this sense, both evolution and critical rationalism explain fundamentally unpredictable domains of reality. But if we instead search for meta-level principles to constrain what could possibly happen in these theories' domains of applicability, then there may be hope after all. This theory provides a natural and elegant distinction between law and principle. The difference between moral law and scientific law required development of a more coherent and deeper worldview for our ancestors to flesh out.

We discuss the difference between laws versus principles as elucidated by constructor theory, and why it matters. Constructor theory may be thought of as a 'theory of theories' whose principles constrain other theories. Just as these subsidiary, object-level theories constrain the behavior of physical phenomena, so too constructor theory, as a meta-level theory, constrains the behavior of object-level theories both known and unknown. Constructor theoretic principles can also constrain and solve problems with theories that explain inherently unpredictable phenomena, such as those of biology, economics, and epistemology.

My patreon page - https://www.patreon.com/Fallibleanimals

Economic Creationism - https://libertarianinstitute.org/articles/economic-creationism/

Twitter - https://twitter.com/ChipkinLogan

Articles - www.loganchipkin.com

Foundational Paper on Constructor Theory - https://arxiv.org/pdf/1210.7439.pdf

Constructor Theory of Life - https://arxiv.org/pdf/1407.0681.pdf

The Upright Thinkers - https://www.amazon.com/Upright-Thinkers-Journey-Living-Understanding/dp/0307908232

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