Building on a distinguished history dating back to 1908, Montclair State University is a leading institution of higher education in New Jersey. Designated a Research Doctoral University by the Carnegie Classification of Institutions of Higher Education, the University’s 11 colleges and schools serve more than 21,000 undergraduate and graduate students with more than 300 doctoral, master’s and baccalaureate programs.
Situated on a beautiful, 252-acre suburban campus just 12 miles from New York City, Montclair State delivers the instructional and research resources of a large public university in a supportive, sophisticated and diverse academic environment.
David Axelrod, PhD teaches economics at the university and he got in touch with us this week to tell about his new course titled ‘Economics of Time and Mind‘:
This course will explore the nature of decision making from the perspective of time, mind and spirit as economic resources, used to produce goods and experiences that generate well-being. Topics to be covered include: holistic approaches to economic choice, the distinction between external and internal environments, exogenous vs. endogenous constraints, elements of behavioral economics, the three roles of time in decision-making, the impact of finite cognitive capacity on determining optimal behaviors, optimization when there are transition and transformation costs, and the role of endogenous constraints and preferences in expressing moral and spiritual identity.
Holonomics is a part of the syllabus and students will be studying our book in the third module. In addition, David cited Holonomics in a recent paper ‘Optimizing Discount Rates: Expressing Preferences for Sustainable Outcomes in Present Value Calculation. You can read the paper here: http://www.na-businesspress.com/JABE/AxelrodD_Web19_1_.pdf
Over the last few months a number of professors and lecturers from universities and colleges in the US have been in touch with Maria and I to discuss the ways in which they are working with both Holonomics and Customer Experiences with Soul, and how they are introducing them to their students and into their curriculum. It was therefore wonderful to hear from David and hear about this very innovative course and we wish him and his students all the best this coming fall.