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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Main Author: Leonid Tutov
Format: Article
Language:English
Published: Social Sciences Research Society 2017-01-01
Series:International Journal of Economics and Finance Studies
Online Access:http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF_2017_1/l-tutov.pdf
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spelling doaj-bcedec8c6baa4cafb8fa3526846e8cfa2020-11-24T23:48:29ZengSocial Sciences Research SocietyInternational Journal of Economics and Finance Studies1309-80551309-80552017-01-01912017090115ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONSLeonid TutovNeoclassical 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 theoryhttp://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF_2017_1/l-tutov.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Leonid Tutov
spellingShingle Leonid Tutov
ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONS
International Journal of Economics and Finance Studies
author_facet Leonid Tutov
author_sort Leonid Tutov
title ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONS
title_short ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONS
title_full ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONS
title_fullStr ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONS
title_full_unstemmed ECONOMIC THEORY IN THE SEARCH FOR PHILOSOPHICALFOUNDATIONS
title_sort economic theory in the search for philosophicalfoundations
publisher Social Sciences Research Society
series International Journal of Economics and Finance Studies
issn 1309-8055
1309-8055
publishDate 2017-01-01
description 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
url http://www.sobiad.org/eJOURNALS/journal_IJEF/archieves/IJEF_2017_1/l-tutov.pdf
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