The objective of this paper is to try to briefly evaluate the logical and epistemological foundations of the economic science, with the purpose to overcome a series of incoherencies and inconsistencies in modelling the economic process, which has been considered (and still is) an extension of...

This article tries to make evident the fact that the scientific endeavour of “macro”-behaviouristic-empiricist paradigms does not have a real basis because it is not grounded on the ultimate principle of society: human action. The emphasis of this article is on the perspective that the most...

In the view of analysing the differences and resemblances of the natural and social sciences (with the economics between them), some of their ontological and epistemological problems and solutions are presented. Many methodological options succeed to preserve the basic unity and autonomy of the...

The study is beginning with some statistical data illustrating that the intellectual lies among the branches of the social sciences are very weak.

The economic crisis of the 1970s and the so-called “Chicago revolution” of the 1980s was a great challenge to Samuelson’s anti-laissez faire legacy, but left its heavy reliance on mathematics and modelling intact. The “Great Recession” that began in 2008 may ultimately replenish...

Based on the ontological and epistemological problems and solutions and on the analysis of the philosophical grounds of three main schools of economics, exposed in the previous papers, a short overview of the philosophy of the multilevel reality is done. It is shown that the hierarchy of the...

The paper aims to discuss the concept of truth in its relation with causality. More exactly, the relation of causality between… causality and truth recognition is exposed and debated. The three types of truth are presented and examined in the light of the paper purpose, commenting on...

Based on the ontological and epistemological problems and solutions exposed in the previous paper, we scrutinize the philosophical grounds of three main schools of economics. They are not opposing one another as solid blocks of incompatible ideas and theories, but each school contains...

The paper has as goal to revisit the general concept of causality, with some specifications to the social (especially economic) field. The logical conditions of causality (individual causes as well multiple causes) are proposed and evaluated. Based on causality concept, the correlation notion is...

Rapid fall of communism was a surprise to Romanian economists. They lacked any theoretical guide to explain such a historic event and allow them to analyze economic and social processes that followed. Neither political economy of socialism, neither Keynesian nor neoclassical theory have allowed...