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This essay begins with an examination of the differences between natural reality and social reality, but along lines different from those of the traditional Methodenstreit. The aim is to clarify the methodological implications of these differences, which appear essential to proper motivation of...
Persistent link: https://www.econbiz.de/10008513357
Although many economists do a serious and respectable work, main stream economic theory contains an almost complete disregard for the importance of social, cultural and political structures which are the very foundation of the society. Worse than that, such disregard is developed into arrogance...
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Taking as reference the long-wave theory, in this paper we try to give a fully endogenous explanation of the factors triggering the technological revolutions – one of the main causes of a new long upswing. We extend the traditional macro and meso economic analysis by presenting a behavioural...
Persistent link: https://www.econbiz.de/10010617068
This article focuses on a broad distinction within economic thinking and the methodological misconceptions that are implied by it. We find today, on the one hand, mainstream economics, which uses both the method of abstract rationality typical of the logical-formal sciences and the method of the...
Persistent link: https://www.econbiz.de/10011109038
Contemporary social teaching suffers from a grave deficiency: it is lacking rules of methodology and procedure suited to social reality that are, in particular, able to reconcile increasing creativity (implying irreversibility) with rationality, which are indispensable for the scientific...
Persistent link: https://www.econbiz.de/10011109713
The contribution to the explanation of economic change that this paper sets out is centered on a core of interconnected endogenous variables, mainly innovation, radical uncertainty and entrepreneurship, which current economic analyses consider only in part and separately, sometimes as endogenous...
Persistent link: https://www.econbiz.de/10011112618