A major advantage of SORAnomics is that it is ultimately based on metaphysics, specifically that system of study explained by David Hume, unlike Economics which is based on math.
Since math only measures things that already exist, it has no creative ability, just as a computer program cannot create new programs or even create solutions for its own problems (i.e. fix itself). In turn, this helps explain why Economics is, has, and will be, unable to conclusively solve economic problems. During the planning for the socio-economic system which we called Social Resource Allocation(SORA), one of the biggest considerations is the treatment of data.
The policies for data use and storage in SORA will be solid and correct, if it matches the real nature of data and information, which are all merely physical forms of ideas. Therefore, the policy for a piece of data or information must match the nature of idea, which in turn is the expertise of the metaphysician (a SORAnomist must know something about metaphysics and mathematics, or the liberal arts and the practical arts, representing a balance between the subjective and objective parts of dualistic existence, with the subjective or liberal arts or feelings, being the foundation of the objective or practical arts or intellect).
In the Treatise of Human Nature, David Hume explains that ideas are separable, and since space and time are ideas, then they are separable, but not infinitely. Ideas, and space and time only seem infinitely divisible because the imagination has a tendency to immediately connect ideas.
"All different ideas are separable."
"It is certain then, that time, as it exists, must be composed of indivisible moments."
"The ideas of space and time finally resolve themselves into indivisible parts. These indivisible parts are nothing in themselves."
Here, Hume explains that everything in its true form is nothing, which is consistent with Eastern philosophy, specifically as sunyata. We use Eastern philosophy to check and verify the maxims of Western philosophers, since the East has studied metaphysics much longer and thus has advanced much further than the West, as proven by the many religions that have originated in India, which are of a very different nature from the religions that sprung from the Middle East, such as Judaism, Christianity, and Islam.
|Forms||Ideas (Mind)||Impression (Senses, Feelings)|
|Nature||Can Be Isolated or put in quanta and analyzed||Cannot be isolated nor analyzed|
|Examples||“1”, “Adam”, “car”||“love”, “happiness”, “pain”|
|Studied by||Science and Technology||Philosophy, psychology, humanities|
But our interest here is not the ultimate nature of reality, but the nature of ideas for use as data in information technology.
For this purpose, we establish the idea that basic ideas individually are a quantum*. Thus, we call a basic idea as a quantum of idea just as there is a quantum of light, and a quantum of space, and a quantum of time. We then apply that as a quantum of data which then makes up the quantum of information.
However, unlike the quanta in physics, our purpose of 'quanta'-fication is not for comparison or computation, but for isolation, in order to prevent the natural tendency of the mind to readily connect ideas. Once isolated, then it can be put into different scenarios or observed in various ways. For example, in designing our trading system, we distinguish the data from the quantum of data, and information from the quantum of information.
|Quantum of Data1||5|
|Quantum of Data2||rice|
|Data1 (set or array)||5, 10, 15|
|Data2 (set or array)||rice, wheat, oats|
|Quantum of Information||5 tons of rice|
|Information||5 tons of rice from XYZ company|
|Compound Information||5 tons of rice from XYZ company was delivered to ABC company on Jan 1, 2015 at 8am|
The demand for men, like that for any other commodity, necessarily regulates the production of men. (WN, Book 1, Chap. 8)
Likewise, the study of the supply and demand for information, as a commodity, will be useful for those working in IT so that they can properly plan the hardware for such information, just as governments study population trends to be able to plan building roads, power plants, etc. It can be also useful for setting up limitations on information use in software and servers. Lastly, it can refine the laws on information. All of these considerations form the information policy of our proposed system.