Writing
Monographs
Foundations of Action-Based Economic Theory
Status: Forthcoming (Projected Publication: 2026)
This foundational monograph develops a systematic framework for economic theory grounded in purposeful decision-making, temporal structure, and institutional context. It sets out the core assumptions, methodological commitments, and analytical principles of an action-centered approach to economics, offering a constructive alternative to equilibrium-dominated models while maintaining conceptual rigor and internal coherence.
The Ontology of Money and Credit
Status: In Preparation (Expected Completion: 2026)
This work presents a comprehensive analysis of the nature of money and credit as institutional phenomena. Rather than treating money as a neutral medium, the manuscript examines its role as a coordinating mechanism with significant implications for capital formation, financial stability, systemic behavior, and policy design. The study integrates monetary theory with institutional and macro-financial analysis.
Time, Uncertainty, and Economic Coordination
Status: In Preparation (Expected Completion: 2027)
Focusing on the temporal and uncertain dimensions of economic activity, this volume examines how plans are formed, revised, and coordinated over time. It explores expectation formation, judgment, and adaptive behavior, offering a process-oriented account of economic order that contrasts with static and equilibrium-based treatments of coordination.
Finance and Capital Structure in Institutional Context
Status: In Preparation (Expected Completion: 2027)
This monograph applies an action-centered theoretical framework to financial markets and capital structures. Financial systems are analyzed as institutional environments shaped by expectations, liquidity conditions, leverage, and regulatory design. The work provides a human-centered account of risk, financial fragility, and capital allocation that complements and extends standard financial theory.
Human Action and Economic Explanation
Status: Under Review | Target Journal Submission: 2026
This scholarly manuscript addresses the philosophical and methodological foundations of economics
as a social science. It examines the role of purposeful behavior in economic explanation, clarifies the limits of prediction, and argues for an explanatory framework that prioritizes causal understanding over purely formal optimization.
Articles, Essays, and Research Papers
In addition to book-length projects, Dr. Gillory is developing a series of scholarly articles that advance specific components of his broader research agenda.
Selected Papers – Status Overview
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“The Limits of Equilibrium as an Explanatory Framework”
Under Review (2026) -
“Capital, Time, and Aggregation: Rethinking Macroeconomic Structure”
In Preparation (Expected Submission: 2026) -
“Liquidity, Leverage, and Institutional Fragility in Modern Financial Systems”
In Preparation (Expected Submission: 2027) -
“Institutions, Incentives, and the Architecture of Economic Order”
In Preparation (Expected Submission: 2027) -
“Theory Before Measurement: Reassessing the Role of Empirical Economics”
In Preparation (Expected Submission: 2027)
These papers function both as independent scholarly contributions and as analytically focused extensions of the broader research program.
Scholarly Purpose
Taken together, Dr. Gillory’s monographs, articles, and working manuscripts reflect a sustained, long-horizon research agenda aimed at strengthening economics as a rigorous and methodologically disciplined social science. His work seeks to advance economic theory while remaining attentive to institutional realities, temporal complexity, and the lived dynamics of economic decision-making.