The concepts of Design Economics and Speculative Economics are rooted in three key tenets:
- Acknowledgment that social systems evolve from and respond to social and environmental realities–all paradigms have a lifespan.
- Emergent models demand inclusive, interdisciplinary approaches that account for dynamic systemic change–economics must refrain from punishing creativity.
- Economic literacy informs social and political discourse–a free, equitable, and flourishing society requires economic literacy to avoid sliding into authoritarianism.
These three tenets–acknowledging change, embracing creativity, and cultivating literacy–have been absent from economics and are critical to establishing a modern understanding of how individuals and societies can flourish.