Economic Methodology

Wunder, Timothy A.

doi:10.4135/9781412979290.n3

“…Монетаристите твърдят, че икономическите цикли, през които минава икономическият живот, са резултат от промени в количеството пари в икономическата система и дават алтернативно обяснение на "великата депресия" от 1929 -1933 г., свързвайки я с грешки в монетарната политика и държавната намеса в икономиката. Независимо че техните идеи са различни от тези на неокласическия син-Христо Проданов тез, в общи линии те са в същото русло, опират се на подобни методологически предпоставки: а) икономиката се вижда като механична система, чийто резултат е общото равновесие; б) основна единица на икономическия анализ е индивидът, не групата; в) доминира дедуктивният подход на изграждане на теорията, основан върху сравнително ограничени наблюдения, а вътрешната консистентност е по-важна от външните доказателства за теорията (Wunder, 2010).…”

Section: голямата депресия (1929 -1933) ускоряването на втората индус...unclassified

Crisis, Industrial Revolutions and Economic Methodology

2022

RP

0

View full text Add to dashboard Cite

The object of the study is the economic methodology, and the subject is the change in it at the different stages of technological development. The goal is to reveal the reasons for this change, and the task is to justify the need for a new revision in the methodology given the next technological stage related to the Fourth Industrial Revolution. A historical approach is applied, through which an attempt is made to reveal the historical change in economic methodology, and then a systemic approach, which aims to reveal the causal relationship between crises, industrial revolutions and changes in economic reality, leading at each subsequent stage to changes in the methodology of economic science and to new economic paradigms. This approach determines the structure of the study, which investigates the changes in economic methodologies at the pre-industrial stage and then during the different industrial revolutions leading to the emergence of different economic methodologies and theories. The conclusion is that, in the midst of the Fourth Industrial Revolution, we are observing changes in economic reality that can hardly be described, understood, predicted through the existing methodologies and the theories behind them, which necessitates a new rethinking of the economic methodology. The study is the first large-scale attempt in our country to analyze these processes and sets important lines of thinking in this regard.

show abstract

History of Economic Thought as an Analytic Tool: Why Past Intellectual Ideas Must Be Acknowledged as Lighthouses for the Future

Bögenhold¹

2021

Neglected Links in Economics and Society

View full text Add to dashboard Cite

Contemporaries tend to question certain belief systems including academic systems of knowledge. Paradigms evolve to become a subject of inquiry. The need to acknowledge history of economic thought as a neglected but important domain of economic inquiry as an important discussion topic. During recent decades, history of economic thought has largely been abolished and has disappeared from many contemporary teaching curricula in economics. The article argues that our academic understanding of economics is incomplete if we do not respect history and understand the social embeddedness of economic institutions and social behaviour. Of course, one must distinguish between history of intellectual ideas and economic history. Both items have to be discussed separately when assessing methodological appropriateness and benefits. The argumentation is based on the work of Joseph A. Schumpeter who dealt in detail with the question why and how to deal with historiography as a tool of proper economics in his substantial introduction to the 1945 book History of Economic Analysis.

show abstract

History of Economic Thought as an Analytic Tool: why Past Intellectual Ideas Must Be Acknowledged as Lighthouses for the Future

Bögenhold

¹

2020

View full text Add to dashboard Cite

Contemporaries tend to question certain belief systems including academic systems of knowledge. Paradigms evolve to become a subject of inquiry. The need to acknowledge history of economic thought as a neglected but important domain of economic inquiry as an important discussion topic. During recent decades, history of economic thought has largely been abolished and has disappeared from many contemporary teaching curricula in economics. The article argues that our academic understanding of economics is incomplete if we do not respect history and understand the social embeddedness of economic institutions and social behaviour. Of course, one must distinguish between history of intellectual ideas and economic history. Both items have to be discussed separately when assessing methodological appropriateness and benefits. The argumentation is based on the work of Joseph A. Schumpeter who dealt in detail with the question why and how to deal with historiography as a tool of proper economics in his substantial introduction to the 1945 book History of Economic Analysis.

show abstract

Economic Methodology

Cited by 3 publications

References 0 publications

Crisis, Industrial Revolutions and Economic Methodology

Crisis, Industrial Revolutions and Economic Methodology

History of Economic Thought as an Analytic Tool: Why Past Intellectual Ideas Must Be Acknowledged as Lighthouses for the Future

History of Economic Thought as an Analytic Tool: why Past Intellectual Ideas Must Be Acknowledged as Lighthouses for the Future

Contact Info

Product

Resources

About