ABSTRACT

The worlds of economics, finance, society and institutions are essentially intertwined in their complex interrelationships while aiming at resolving impending issues and problems. Such an area of intellectual and practical inquiry ought to be studied by using the interactive dynamics and the resulting creative confluence of ideas. The underlying methodology requires an epistemological approach and a distinctively rigorous logical formalism. Such an epistemological and rigorously formal approach to the study of underlying issues requiring interactive, integrative and creative resolution by a unique methodology and formalism is only now being realized in the study of systemic complexity. In mainstream socio-scientific methodology and the concomitant methods used, the unitary perspective of a coherent resolution has not been thoroughly addressed. There is discontent from the heterodox school of ideas regarding this direction of addressing complexity by divergent methodologies and methods. Yet the achievement on this front is far from robust.