Time and Causality in the Economic Process – a Critical Approach Based on Consistency Criteria
Our paper proposes a critical analysis based on criteria of consistency of the fundamental concepts underlying the comprehensive description of economic process, namely: time, context and causality. Issues of such action taken by us arise from the existence of the fact that the emergence of new para...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2011-01-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: |
http://store.ectap.ro/articole/543.pdf
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Summary: | Our paper proposes a critical analysis based on criteria
of consistency of the fundamental concepts underlying the comprehensive
description of economic process, namely: time, context and causality.
Issues of such action taken by us arise from the existence of the fact that
the emergence of new paradigms, amid an economic complexity, should
include elements of theoretical, instrumental and methodological nature.
Moreover, dominant economic science, at this time (positivist), is subject
to an epistemological imperialism exercised by Newtonian mechanics,
without one’s own epistemology. Regarding the underlying causality
explaining the economic process, we find that, yet at this time, it is a
singular and efficient one (in the Aristotelian sense), but not a
teleological one, so we wonder whether the final causality (purpose form)
may better explain the economic process and his completeness, and in
this sense, the shaping of new paradigms based on premises other than
those already existed, in understanding the economic process. |
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ISSN: | 1841-8678 1844-0029 |