Waiting for the Commission-strengthened governance coordination Leviathans: a discourse memo to the actors in the macro game

This is an entirely applied paper for additional implementation of extant rich macroeconomics knowledge resources to facilitate the ‘European Semester’ processes—the novelty may be that in this implementation the sensitive problems of deteriorating institutions and destructive activities are not entirely disregarded, and we are explicitly demonstrating that the quality of the agents’
knowledge structures may have the basic role and importance in reaching effective equilibrium projections in this game.
From the viewpoint of Modern Heterodox General Macroeconomics (Macro) the most powerful economic policy statement by the European Union was made in the ‘Lisbon Strategy 2000’—the economy should be knowledge based. This means that the policy projections of the Union’s and the Member States’ socio-economic institutions and strategies should be designed as knowledge based, meaning that these should be based on modern high-level evolutionary
institutional theory, dynamic macro mechanism design theory
taking into consideration uncertainties and rare destructive shocks, Bayesian learning, with limited rationality and strategically playing actors, and national knowledge structure idiosyncrasies, etc.

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