Empiricism....without Theory - is process without Purpose/straregy...last man theory by default...

Empiricism and PURPOSE is The Nature if Adaptive Systems...Churchill

The Universal Bank Model is a Model based on profit first and purpose second

Obliquity...is the second derivative...Business .Models structured this way will eventually fail because they can't evolve competitively...organically...because they are not connected to their customers evolving needs...they require support and /or become dinosaurs...just look Auto industry in 1980's look at at Slothosarus Rex's today...

MFiM...MF3D

A system developed by MW that integrates Knowledge across multiple domain and time frames...

The future requires an adaptive model...the Modules are a function of and determined by purpose...it is in change that things find purpose...Heraclitus... the purpose and the system is greater than the sum of the parts.....

MF3D™... A Game of Three-Dimensional Chess...

The Operating System of MFiM...

MFiM is not a Fintech App looking for a Liquid Moment...

Antifragility...The Power of Modularity & The World of Finance...MFiM™...Modular-Finance in Motion...

The Unifying Theme to Modular-Finance is Evolution Theory and Emergence...

Empirical Evidence is  Not the Whole Story...There are Hidden Elements ( modules) in these Systems that can take them in a completely different direction...Context Matters...

Evonomics

Is a rEvolution in economics underway? https://t.co/C6bFAg2sB3 @Noahpinion @MarkThoma @JustinWolfers @rodrikdani @David_S_Wilson

— Evonomics (@EvonomicsMag) March 16, 2016

evonomics

The Myth of Maximizing Shareholder Value https://t.co/k1HwD0bxRL @stevedenning @NickHanauer @rorysutherland @rooseveltinst @CornellLaw

— Evonomics (@EvonomicsMag) March 16, 2016

Economic Theory Is Dead. Here's What Will Replace It.

From Einstein to Darwin

Evonomics
By David Sloan Wilson

Everyone seems to agree that the economics profession had a near death experience in 2008 and either needs to be or has been reborn in a different incarnation, The most optimistic assessments claim that a revolution is already underway based on two developments; 1) A greater emphasis on empirical research; and 2) a different conception of theory.

A thoughtful essay by the economic blogger Noah Smith titled "The Death of Theory" covers the first development. According to his numbers, the proportion of theory papers in the economic literature peaked between 1973 and 1993 and has been declining ever since. He describes the behavioral economics movement as a meteor that hit "the economic dinosaurs", by which he means the neoclassical paradigm. He concludes by speculating that humanity is reaching "the end of a big Theory Wave" for all topics.Whatever can be gained by big theory has already been realized, so it only remains to dive into the data.

Introducing Modular-Finance...Twin Peaks and Plato's Cave

Modular-Finance~in~Motion™... @MainandWall - The Journey up Mountain #2

Modularity : The Architecture of Complexity

Complexity Economics - Evolution Theory - Design and Systems Thinking applied to The World of Finance..

MFiM™... Modular-Finance~in~Motion™...

A concept that utilizes Multiple modes of thinking across multiple domains to find innovative solutions to complex problems...The unifying theme is Emergence...

Modular-Finance requires a level of organizational ambidexterity that is absent in large financial institutions by the nature of their size, outdated models, culture and organizational structure...