TITLE:
Why Economics Is a Science: Information, the Grand Unifier
AUTHORS:
Bhekuzulu Khumalo
KEYWORDS:
Commodified Information, Consistency, Discreteness of Information, Independence of Information, Information, Information Package, Knowledge, Science
JOURNAL NAME:
Modern Economy,
Vol.7 No.2,
February
24,
2016
ABSTRACT: Knowledge has always
been the primary resource of human beings. The economy has always been a
knowledge economy. For those having a firm grasp of knowledge know that using a
stick to fend off a wild beast takes knowledge, just as landing a robot on mars
takes knowledge. Knowledge is nothing more than information that we know. There
is therefore a difference between information and knowledge. It is the concept
of information that unites economics with all other sciences, this is only
because everything is information, and information is the core of any science.