ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONS
Neoclassical economics (NCE-thereafter) has difficulty in solving complextheoretical and practical problems. In such a situation, the role of itsphilosophical foundations increases.NCE is based on the methodologicalpostulates of positivism. However, the status and perspectiv...
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| Format: | Article |
| Language: | English |
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Social Sciences Research Society
2017-01-01
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| Series: | International Journal of Economics and Finance Studies |
| Online Access: | http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF_2017_1/l-tutov.pdf |
| Summary: | Neoclassical economics (NCE-thereafter) has difficulty in solving complextheoretical and practical problems. In such a situation, the role of itsphilosophical foundations increases.NCE is based on the methodologicalpostulates of positivism. However, the status and perspectives of the positivistmethodology to maintain a dominant position in the world of science are thesubject of intense debate, as with this approach, sciences lose their worldviewfunction and ontological foundations.The purpose of the report is tojustify thecontinuing relevance of the methodology of positivism for the development ofeconomic theory |
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| ISSN: | 1309-8055 1309-8055 |