The School of ______
Wisdom Economies
Ted Hunt, 2016
Where is the Life we have lost in living?
Where is the wisdom we have lost in knowledge?
Where is the knowledge we have lost in information?

T. S. Eliot

The School of Wisdom Economies presents a natural evolution from an Information Economy and Knowledge Economy to a Wisdom Economy. Wisdom Economics does not look to commodify and capitalise upon wisdom in the same means that information and knowledge was processed within their respective economies. A Wisdom Economy instead proposes to still our appetite for commodification and novelty in favour of reflection and consideration. Wisdom is found and interpreted as a slow organic process reflective of the natural world we inhabit, our current addictions of immediacy and distraction will have to be overcome inorder to reunite us with the wisdom we have lost in knowledge.

The School of Wisdom Economies offers theories, methodologies, narratives and boundaries to all economies rather than the conservative notion of 'economies' that are founded upon trade or financial exchange. Significant research is currently being undertaken by the school within the now largely nostalgic field of home economics, a field which 'deals with the relationship between individuals, families, and communities, and the environment in which they live' [1] and hence arguably defines our future understanding and attitudes towards critical relational aspects of our lives untaught elsewhere. The application of wisdom to the (none financial) economy of the home at once decouples the agenda of Wisdom Economies from business leaders and 'decision makers' placing the specific interpretation and value of wisdom into the hands of those who have the closest access to the rich fabric of received and inherited wisdom.

Business leaders and decision makers, it would later transpire, just weren't very good with wisdom anyway, for it meant that they might have to finally sacrifice their personal desires to implement self-interested decisions regardless of what might be lost.

- [1]: Wikipedia; Home economics.