The Somist Institute: Mission

To study theories and practices of the social man, men and women in the social context.

The Somist Institute is carrying out a program of research

and publication that is focused on three interrelated thrusts:

1. The transformation of mainstream economics into

Concordian economics;

2. The transformation of Individualism and Collectivism into

Somism (men and women in the social context); and,

3. The transformation of Rationalism into Relationalism.

Fifty years in the making, 27 of them assisted by

Professor Modigliani, a Nobel Laureate in economics at MIT,

This is a property that was pointed out by our first Gloucester

poet laureate, Vincent Ferrini, who, reviewing the fundamental

book titled The Economic Process, stated that

Concordian economics "has the answers to universal poverty

and the anxieties of the affluent.”

Annotating this book -- for the second time --

the Journal of Economic Literature in its December 2017

issue (p. 1642) states: "Expanded third edition presents

the transformation of economic theory into

Concordian economics, shifting the understanding of

the economic system from a mechanical, Newtonian entity

to a more dynamic, relational process.”

Reviewing the latest paper titled “Concordian economics -

An Integration of Theory, Policy, and Practice,”

Professor Laurence Katz, a professor of economics at Harvard,

on March 24, 2019, wrote: “I have read over your paper

with interest. You present some intriguing ideas

and make the case for Concordian economics.

But I must conclude that your engaging paper is not a good fit

for the QJE.”

This paper is scheduled for presentation at the

ATHINER Conference, June 29-30, 2020 in Athens

(via the Internet).

We are in the course of publishing Jubilee 2020 and

From the 'Dismal Science' to The Economics of Jubilation --

through Concordian economics (Generis Publishing).

Three essays help to understand Somism:

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