Some Evaluations
THANK YOU VERY MUCH FOR READING.
If you want to read more of my work, please go to
For formal reviews of The Economic Process, see http://www.new-economic-atlas.com/p/review-of-ep.html.
New annotation: The Economic Process -- December 2017
issue of JEL (p. 1642): “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...”
To Carmine Gorga
"sharp and persistent
interlocutor -- one does not always reach agreement but the discussion is
interesting."
-- Franco
Modigliani, Nobel Laureate in economics, Institute Professor, Professor of
Economics and Finance, Massachusetts Institute of Technology, 5/1/88
Dear Dr. Gorga:
"I must apologize for
my original skepticism regarding your claims. You have indeed written a major
treatise (The Economic Process) -- an important work of original scholarship,
prepared with great care and presented with eloquence and wit."
-- Alan
Reynolds, Vice President, Business and Economic Research, The First National
Bank of Chicago, August 17,
1978
Dear Dr. Gorga:
"Thank you very much
for the set of proofs of your very-well-written book, THE ECONOMIC PROCESS...
Eliot said that history has many contrived passages and convoluted corridors.
So does economics. I fear I that I am Hamlet to your Fortinbras. I hope you
succeed though."
-- Meyer
Burstein, Professor of Economics at CUNY, October 18, 1978
Dear Carmine:
"'The Economic Process'
held my attention throughout.... compelling style.... I cannot overemphasize
the impression that I got regarding your apparently unusually broad background
and your keen insight. Thank you for the opportunity to review the book and for
the education and interesting experience. I am convinced that your book has the
potential to transpose the field of economics from its present art form to a
powerful scientific tool that can perform its vital intended function."
-- Louis J.
Ronsivalli, Laboratory Director, U.S. Department of Commerce, NOAA, NMFS,
Northeast Fisheries Center, Gloucester, MA, November 20, 1978
Caro dott. Gorga,
La ringrazio per l'invio del Suo volume del quale ho preso visione.
Personalmente non avrei molto da opporre alla Sua esposizione, se non che
essendo tutto il ragionamento basato su definizioni di contabilita' nazionale
diverse da quelle consuete, non vi e' molto da meravigliarsi se anche i
risultati sono diversi.
Mi rallegro per il Suo
lavoro e Le invio un cordiale saluto, Suo
-- Augusto
Graziani, Economics Professor, University of Naples, November 22, 1978
(Translated) Dear Dr. Gorga,
Thank you for sending me
your volume, which I have perused. Personally I have not much to oppose in your
exposition, except that being the entire reasoning based on definitions of
national accounts different from the usual ones, one shouldn't wonder that
results are also different.
Congratulations on your work. Cordial
regards, Yours
-- Augusto
Graziani, Economics Professor, University of Naples, November 22, 1978
Dear Dr. Gorga,
"I would certainly like
to thank you for visiting with me here at DRI Monday. After reading your paper
('The Revision of Keynes' Model') and discussing it with Otto (Eckstein), I
agreed that your revision to Keynes' model is consistent, and would like to
encourage you to continue your research.
"I regret that the
press of our ongoing work will prevent our taking part in your research at this
time. Thanking you again..."
-- Frank L.
Cooper, Ph.D., Senior Economist, Data Resources, Inc., June 26, 1979
Fondazione Carlo Marchi
Gentlemen:
"This is to support --
strongly, unreservedly and with enthusiasm -- the research proposal, concerning
effects of Inflation, submitted by Dr Carmine Gorga (Polis-tics, Inc.,
Gloucester, Ma. 01930).
"I have known Dr Gorga
for about ten years. And I have come to hold him in the highest esteem, partly
because of his demonstrated ability in economics, political theory and art, and
partly because of the exceptional commitment he has made, against great odds
and at great sacrifice, to economic research. I have communicated to him my
reservations about his theory of hoarding; but this does not detract from the
high quality of Dr Gorga's work or the interest of his theory. Dr Gorga's bona
fides with respect to character, persistence, adherence to contractual
obligation, etc. are perfect... The proposal is easily supported 'externally'.
"THE PROPOSAL ITSELF. I
have been interested in Prof. Modigliani's work in this area, going back to my
colleagueship with him at Northwestern University, 1961-2 and continuing over
the years, including, of course, the work cited in Dr Gorga's proposal. I am
strongly interested in the base from which Dr Gorga proposes to move. (Putting aside
the immense, deserved prestige commanded by Prof. Modigliani.) I look forward
to continuing consultation with Dr Gorga as the projects unwinds.
"Dr Gorga's proposal
may be perceived as being two-pronged. The first strand of thought largely
pertains to Modigliani's work; and concerns the important task of obtaining
empirical measures of the variables of the theory developed by him, in
collaboration with Stanley Fisher and others. The second strand of thought is
original with Dr Gorga. The proposed application might, if fancifully, be
called an Austrian theory of inflation: Austrian-based theories of the trade
(business) cycle emphasize distortion of the structure of production rather
than fluctuations of aggregate output; similarly Dr Gorga proposes to emphasize
inflationary effects on accumulation of the various stocks (hoarded goods,
production goods, consumer goods) featured in Dr Gorga's conceptualization.
"It has been a pleasure
to endorse Dr Gorga and his proposal. I urge you to support him."
-- M.L.
Burstein, Professor of Economics at York University, June 17, 1987
Egr. Dr. Carmine Gorga,
"As per our wire of 7/28/1987 , the Board of
Directors of this Foundation has examined your proposal after each Director
received a copy. This is the result of an in-depth discussion:
"The topic of your
monograph on 'The Real Effects of Inflation' would be of considerable interest
to the Marchi Foundation if the framework of analysis and elaboration of data
could take into consideration, not only the American economy, but also, and
above all, the Italian economy... (Translated from the Italian by CG)"
-- Rosanna
Marini, President, Fondazione Carlo Marchi, September 28, 1987
Dear Carmine,
"I am glad to see that
you are prepared to start out with Italy. My only question is whether one can
count on the needed information being available. Perhaps you need to make your
commitment conditional on that information."
-- Franco
Modigliani, Nobel Laureate in economics, Institute Professor, Professor of
Economic and Finance, Massachusetts Institute of Technology, March 16, 1988
Dear Dr. Gorga,
"You are certainly
striking out boldly in new directions and your work ('The Dynamics of the
Economic System') promises to yield new insights and results. Our discipline
can only benefit from explorations that approach the subject matter in ways
that do not simply follow the orthodox methods... With very best wishes for
your bold enterprise."
-- William
J. Baumol, Professor of Economics at New York University, April 11, 1990
Dear Dr. Gorga,
"I find admirable your
effort to combine insights from so varied and different areas of research into
a new and fascinating picture. I would be most pleased to follow the evolution
of this enterprise ('The Dynamics of the Economic System'). You certainly have
a broad research plan to follow."
-- Michele
Boldrin, Associate Professor of Managerial Economics and Decision Sciences at
J.L. Kellogg Graduate School of Management, Northwestern University, November 2, 1990
Dear Dr. Gorga,
"I have read your paper
('Broad New Directions in Politics and Economics') with the deepest interest. I
am certain that your paper will illuminate the minds of many people who read
it."
-- Robert
F. Drinan, Professor of Law at Georgetown University, January 8, 1991
Dear Dr. Gorga,
"President Kirkland
asked me to review your article, 'Bold New Directions in Politics and
Economics.' This proposal is certainly interesting and contains many promising
ideas. However, I am not sure there is any way to get from here to there--any
time soon."
-- Rudy
Oswald, Director, Department of Economic Research, American Federation of Labor
and Congress of Industrial Organizations, July 1, 1991
Dear Dr. Gorga,
"Thank you for your
letter, and for your 'Articles' on Economic Rights and Responsibilities. They
seem to me to fit our needs of today, when the political leaders are renouncing
responsibility for the welfare of the people. I like the succinct way you have
laid out important principles."
-- Howard
Zinn, Professor of History Emeritus at Boston University, September 28, 1997
Carmine,
"Here are some comments
on your papers. The paper on Keynes is brilliant. Has this been
published?"
-- John C.
Médaille, Author of The Vocation of Business: Social Justice in the
Marketplace, September 25,
1997
"It was a pleasure
meeting with Carmine Gorga, and discussing economic theory. In our discussion, he offered important
insights about the advantages and disadvantages associated with various
theoretical approaches to economics. He
offered an incisive analysis of economic concepts, and some interesting
philosophical views on where economic theory needed to be improved. I believe that his insightful perspectives
will also be useful in his work in community development and urban
planning."
-- Gordon
Richards, Statistician, January
1, 2008
The paper was tight and
consistent. It deals mostly with the "ought" rather than the
"is" as I view human nature and history. I've no objections to the
values and internal logic.
[Steve Kurtz is an
investment banker]
***
From: Michael E Brady <mandmbrady@juno.com>
|
You have written a truly
monumental paper... Only one very, very small minor point separates us. I feel
your criticism of Adam Smith is too harsh….
[Dr. Michael E. Brady is a
lecturer in the Dept. of Finance and Operations Management at California State
University at Dominguez Hills and Fullerton. He also teaches in the MBA program
at Pepperdine University and at Chapman University]
***
From: John C. Rao <Dvhinstitute@aol.com>
|
I finally got a chance to
read your text and it is indeed an incredibly original treatment of the whole
issue. I have to read it again to understand some of the economic points, but
the overall historical and moral treatment was immediately within the layman's
reach and very impressive. Congratulations!
[John C. Rao, D.Phil.,
Oxford University, is an Associate Professor of History at St. John's
University, and Director of the Roman Forum and the Dietrich von Hildebrand
Institute]
***
From: Baumolw@aol.com <Baumolw@aol.com>
|
Thank you for your
stimulating paper. It is evidently full of stimulating and valuable ideas.
Since I have not done any work on these matters, there is nothing I can add
aside from my best wishes.
[William J. Baumol is
Professor of Economics at New York University, and Professor Emeritus and
Senior Research Economist at Princeton University]
***
From: Teresa Arnold <teresaarnold@verizon.net>
|
Have you taught? I think you
have; you teach the reader, or make the reader pause and reflect on how
beautifully simple life could be.
[Teresa Arnold is a professional social worker]
***
From: Rabbi Myron S Geller
<msgeller@verizon.net>
|
Handwritten note Aug. 4, 2006
Your objectives are worthy
and I also share. The just distribution of wealth certainly is a biblical
objective.
[Myron S. Geller is Rabbi
Emeritus at Temple Ahavat Achim in Gloucester, MA]
***
From: Roger Gordon <rgordon@jeljournal.org>
|
The JEL is not an outlet for
new research…. Given the length of your paper, I would suggest fleshing out
your arguments and trying to publish it as a book.
[Roger H. Gordon is
Professor of Economics at the University of California at San Diego and Editor
of the Journal of Economic Literature]
Dear Dr.
Gorga,
"I find your article,
"Understanding, Tolerance, and SYSTEMS of Logic" of considerable
personal interest.... I am... very grateful to you for letting me see it.... I
would want to show it to my students."
-- Mark
Perlman, Managing Editor, Journal of Economic Literature, 10 September 1979
Dear Dr.
Gorga,
I find your
paper on "Understanding, Tolerance and Systems of Logic" to be
extremely interesting."
--
Buckminster Fuller, November
15, 1979
***
Dear David
(Wise):
Thank you
for your letter of November 25 and the fascinating piece it enclosed.... Since
I'm really supposed to be grading final exams this morning, I haven't had a
chance to devote as much time to Gorga's paper as it clearly deserves. I do
know, though, that I am in sympathy with many of the points he makes: e.g., on
the inability to communicate across logical systems, on the equivalent merits
of the various systems, etc. I'm not sure that I have as yet mastered the
intricacies of organic logic, which obviously needs a lot more thought than
I've had a chance to give it, but the basic proposition makes sense."
-- Charles
T. Wood, Professor of Medieval History at Dartmouth College, 3 December 1979
***
The Economic Process ”… has
the answers to universal poverty and the anxieties of the affluent."
-- Vincent Ferrini, first Gloucester Poet Laureate, Gloucester Daily
Times, December 11, 2002.
***
William Gissy (“Do
Merger Restrictions Promote Social Development?” “International Journal of
Humanities and Social Science, Vol. 3 No. 19”; November 2013), pp.50-159
states: “As Gorga notes, since the time of Aristotle economic justice
was divided into distributive and commutative components where the latter
represents the rules of justice applied to the exchange of goods. Gorga’s key
contribution was to recognize the need for a third component, namely
participatory justice.”
***
A Correspondent Who Wishes to Remain Anonymous (Nov. 14, 2014)
Dear Mr. Gorga
I=C, I love it! In fact, I think Keynes’s General Theory is
incoherent without it… And what an abomination of Paul Davidson to press
upon your book the scarlet letters I=H, and without so much as an apology.
Augh! Of course, Davidson, as the self-appointed keeper of Keynes’s (not
Keynesian) orthodoxy, was perhaps not the best choice of reviewers.
Someday, I=C will shift from radically ridiculous to patently
obvious. I hope you get some of the credit.
***
You appear
to me like a Concordian Socrates… Miha Pogacnik, Speaker, Violinist, Visionary, Consultant, Artist,
1/6/2015 via LinkedIn.
***
Anonymous Russian Reviewer of EP:
My mark: 10 stars
Hello dear reader. The book
"Economic Process" Gorga Carmine (EN) refers to the category of those
that are worth reading. The interchange is entrusted with a huge mission and it
does not disappoint, but on the contrary provides an opportunity for further
reflection. Thanks to the dynamic and fascinating plot, the book keeps the
reader in suspense from beginning to end. Skillful use of visual images by the
writer creates a fundamentally new, transformed world, energetic and saturated
with colors. Harmonious complementation of conflict episodes with external
surrounding reality, once again confirm the talent and skill of literary
genius. The work is permeated with subtle humor, and this humor, being one of
the forms, contributes to a better understanding and perception of what is
happening. The relevance of the problematic, taken as a basis, can be
attributed to the category of the eternal, because as long as there are people
their relationships will always be complex and diverse. There is a desire to
look at yourself, to compare yourself with the described events and situations,
to embrace yourself with other coverage - to the fullest and widest of the
soul. In the main idea, so much feelings and intent are so deep that everyone
who comes into contact with him becomes a child of this world. Draw attention
to the extraordinary and unusual characters, these characters noticeably
enliven the picture of what is happening. This story is a kind of puzzle, set
to the reader, and its logic can not be unraveled, until the very last page.
"Economic Process" Gorga Carmine (EN) can read free online for an
unlimited number of times, here there is also philosophy, and history, and
psychology, and tragedy, and humor...
04/17/2016
https://translate.google.com/translate?hl=en&sl=ru&u=http://readli.net/economic-process/&prev=search
***
Yours is one of the most important messages of this season of words, not
politics. Laurence Kotlikoff, Professor of
Economics at Boston University Aug 24, 2016 via
LinkedIn
Carmine Gorga (see references) is the only modern day
economist who has concerned himself with these issues. He has provided an
analysis in his Concordian Economics approach that has the same type of
generality as possessed by Aristotle’s theory and aims for the same kinds of
outcomes in terms of a dominant, very large, stable middle class.
Brady, Michael Emmett, On the Updating and Reformulations, Added
by Adam Smith and J M Keynes, to Aristotle's Universal, General Theory of
Economics, Politics, Civics, and Institutions (June 7, 2017). Available at
SSRN: https://ssrn.com/abstract=2982921
February 27, 2023 on Academiia
Dear Mr. Gorga, I highly appreciate your long and heroic efforts to create an integration of social sciences partially trying to integrate the economics in some GUT. Your holistic approach does not fit to mainstream which is totally baseless and rather some apologism of existing practices to keep the anhelous patient on the respirator. So, I am strongly hesitating whether economics is a science or not, but your oeuvre is pretty promising. As you are sharply and tirelessly repeating, our basic problems are basically moral, intellectual, spiritual, moreover religious. I absolutely share your stance and do not believe that any institution like corporations, the state, the church, the Academy, the FED or the UN with the IMF, WHO, WTO etc. can or will solve any problem for the commons, simply because the existence of this institutions is itself the basic problem. One of the founding fathers of the EU Robert Schuman told that “Europe shall be Christian, or shall cease to be”. Now just we arrived in Central-Europe where my homeland Hungary is on survival operation mode already thousands of years. I, a 75 year old engineer and economist with wide practical and theoretical background very interested in alternative economic researches and practics. I am absolutely sure that your works are a great contribution to to the reconstruction of our collapsing western civilization. Now I am reading Rudolf Steiner's lectures concerning the "threefold approach to social life". A prospering civilization can not be maintained without a creative balance between the forever opposite fighting forces. The distroyers and conquerers should be humanised which is the main duty of the intellectual-spiritual forces. Tolkien's Middle Earth not an obsolete phantasy, but rather a corner stone to find a new harmony. Here in Central Europe I am more than glad that we have a spiritual brother overseas and I wish much health and more followers to realize your ideas.
Gyula Gyökér (gyula.gyoker@gmail.com)
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