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The study and comprehension of institutions – viewed as written and unwritten constraints (rules) initiated by people to create and improve human interaction – represents the key to understand the success (and failure) of contemporary economies and societies. The framework inspired by...
Persistent link: https://www.econbiz.de/10005154481
The name of Nicholas Georgescu-Roegen has been associated with a new paradigm, a new way of thinking. Briefly, the main elements of the Roegenian intellectual matrix are: the entire theoretical and argumentative construction is subordinated to the general perspective, to the system; economics is...
Persistent link: https://www.econbiz.de/10005087829
Although exceptionally endowed for mathematics which he comprehended and used extensively, Nicholas Georgescu-Roegen has considered that the dialectical method is more suitable than arithmomorphism for social sciences and especially for economics. In order to support this idea, this paper brings...
Persistent link: https://www.econbiz.de/10005668969